A study of the Central American Common Market
Harnad, Paul K.
Olsen, Robert M.
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In the history of the Central American Republics many attempts at union, either political or economic or both, have been made and all have failed. Presently, these same countries are united economically once again as the Central American Common Market. In this latest attempt at union also doomed to failure? This paper reviews the historical background of the region and the events leading to the present economic integration pact, summarizes the major agreements and treaties, discusses the chronic economic obstacles that must be overcome and examines the results to date of the nascent Central American Common Market.
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