What is MERCOSUR in SAP SD - Sales and Distribution?

SAP Term: MERCOSUR

• Component: SD

• Component Name: Sales and Distribution

• Description: Southern Common Market A trade association that comprises Argentina, Paraguay, Uruguay, and Brazil.

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• Key Concepts: 
  MERCOSUR stands for the Southern Common Market, which is an economic and political agreement between Argentina, Brazil, Paraguay, Uruguay, and Venezuela. It was established in 1991 to promote free trade and economic integration among its members. The purpose of MERCOSUR is to create a common market for goods and services, as well as to promote the free movement of capital and labor. In SAP Sales and Distribution (SD), MERCOSUR is used to identify the countries that are part of the agreement. 
  
  How to use it: 
  In SAP SD, MERCOSUR can be used to identify the countries that are part of the agreement. This can be done by setting up a country group in the system and assigning the countries that are part of MERCOSUR to it. This will allow users to easily identify which countries are part of the agreement when creating sales orders or other documents. 
  
  Tips & Tricks: 
  When setting up a country group for MERCOSUR in SAP SD, it is important to ensure that all countries that are part of the agreement are included in the group. This will ensure that all relevant countries are identified when creating sales orders or other documents. 
  
  Related Information: 
  For more information about MERCOSUR and its member countries, please visit the official website at https://www.mercosur.int/.