Mcca

The History of CACM

By jvcn

  • Creation of the Treaty

  • The traty come into force for El Salvador,Guatemala&Nicaragua

  • the treaty entered come force for Honduras

  • The treaty come into force for Costa Rica

  • A uniform tariff was introduced

  • 98%of the CACM customs items were given FT status

  • Period: to

    Intraregional CACM trade declined

  • The GDP of CACM countries fell due to budget deficits & inflation

  • The economic agreement with the European Community failed

  • The revival of the organization