The São Paulo Stock Exchange, known as Bovespa, is the largest and most significant stock exchange in Latin America, located in Brazil. It merged with the Brazilian Mercantile and Futures Exchange (BM&F) in 2008.
BRIC is an acronym denoting the economies of Brazil, Russia, India, and China, which experienced rapid growth in the 2000s and are predicted to overtake many Western economies by 2050. Related acronyms like BRICET and BRIMC include other emerging markets.
MERCOSUR, also known as MERCOSUL, is a regional trade bloc established by a free trade agreement among Argentina, Brazil, Paraguay, and Uruguay, aimed at promoting free trade and fluid movement of goods, people, and currency.
