00891nam a2200097Ia 450000500170000010000200001724501480003726000090018552005800019458300190077420260716043342.0  aESCAITH, Hubert  aCountries of the Central American Common Market and the challenges of a hemispheric free trade area : the extent of macroeocnomic preparedness.  c1997  aIdentifies four criteria of preparedness, viz. (1) the criteria for eligibility; (2) the preparedness of the economic policies; (3) structural preparedness; and (4) the feasibility of the hemispheric integration process.  Applies these criteria to determine Central America's global level of preparedness, and compares the result with Panama, the Dominican Republic and Mexico. Concludes that if the CACM countries are to join in a free trade area of the Americas in favourable conditions, they must make a spirited effort to improve their level of macroeconomic preparation.  c3/7/00kM2LMGR