MERCOSUR
\mˈɜːkɒʒə], \mˈɜːkɒʒə], \m_ˈɜː_k_ɒ_ʒ_ə]\
Sort: Oldest first
-
MERcado COmain del SUR. Argentina, Brazil, Paraguay, and Uruguay formed this customs union established under the 1991 Treaty Of Asunciean. In 1996, Bolivia and Chile joined it as its associate members. Following the formation of the European Community's Treaty Of Rome, interMercosur trade is duty free, while levying a common external tariff of 0 to 20 percent on non-member countries. Known as Mercosul in Brazil.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).