# Southern Common Market

**IRI:** https://folio.openlegalstandard.org/R8jmZydz8x3qTI53akaBSS8

## Labels

**Preferred Label:** Mercosur

## Definition

Mercosur (Southern Common Market): A South American trade bloc established to promote free trade and the fluid movement of goods, people, and currency.

## Sub Class Of

- https://folio.openlegalstandard.org/R9H0HvybK6M3RpFebn0SDLu

**Deprecated:** False

