In the 1950’s, Latin America was looking to create free market trading as a way to boost the local economy. The first attempt to do this was the Central American Common Market (CACM). The CACM was created by El Salvador, Guatemala, Honduras, and Nicaragua. The group began meeting in 1958 but wasn’t official until the signing of the General Treaty on Central American Economic Integration in December 1960. Costa Rica joined CACM two years later in 1962. The main agenda of CACM was to “create a free trade area among these five nations and to share insight on industry organization” (Editors). This was unfortunately hindered by “The Soccer War of 1969.” The Soccer War was a conflict between Honduras and El Salvador over economic issues that was enflamed by a semifinal for the 1970 World...
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The Editors of Encyclopædia Britannica. "Central American Common Market (CACM)." Encyclopedia Britannica Online. Encyclopedia Britannica. Web. 08 May 2014.
"The Latin-American Integration Association (ALADI)." International Transport Workers Federation. Web. 08 May 2014.
Ramos, Victor A. "Trade." Encyclopedia Britannica Online. Encyclopedia Britannica. Web. 08 May 2014.
We Are Andean Community. San Isidro: Comunidad Andina. Print. Accessed at: http://www.comunidadandina.org/public/SomosCAN_ingles.pdf
"The Soccer War 1969 - Kapuscinski." The Soccer War 1969 - Kapuscinski. Web. 08 May 2014.
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