MERCOSUR:

Most of the countries in South America are not as developed as North America is today. This could be a consequence of many factors; this paper is not going to be based in the reason of why South American countries are not economic potentials, indeed I’m going to try to explain what these countries are doing to reach a level of life similar to first world countries.
South America has many countries that are suffering from economic problems; among these countries I can mention Argentina, Paraguay, Bolivia, Ecuador and lots of more. As everybody knows, economic problems lead to many other consequences like social instability. However South America is still suffering from these problems, many years ago some countries wanted to solve this situation, so they joint looking for a solution. After years debating they got to the conclusion that the only thing they could do to improve their life-standard was to unify their forces trying to find a cure to so many problems.
In 1991, a modern un...