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Although "Argentina" was already in common usage by the 18th century, the country was formally named "Viceroyalty of the Río de la Plata" by the Spanish Empire, and "United Provinces of the Río de la Plata" after independence.
The Italian naming "Argentina" for the country implies Argentina Terra "land of silver" or Argentina costa "coast of silver".
In Spanish and Portuguese, the words for "silver" are respectively plata and prata and "(made) of silver" is said plateado and prateado.
Argentina was first associated with the silver mountains legend, widespread among the first European explorers of the La Plata Basin.
Argentina has the second largest economy in South America, the third-largest in Latin America and is a member of the G-15 and G-20 major economies.
It is also a founding member of the United Nations, World Bank, World Trade Organization, Mercosur, Union of South American Nations, Community of Latin American and Caribbean States and the Organization of Ibero-American States.