What Resulted from the Andean Pact of 1969

question 60

Multiple Choice

What resulted from the Andean Pact of 1969?

• A) The pact failed to achieve any of its stated objectives due to political and economic problems.
• B) The Andean Pact achieved most of its stated objectives, particularly the harmonization of economic policies.
• C) The dominant political ideology in many of the Andean countries moved toward the democratic end of the political spectrum.
• D) The pact effectively nullified the Galápagos Declaration.
• E) The Andean Pact removed all common external tariffs.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Finished Goods Inventory

The value of a company's completed products ready for sale but not yet sold.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Finished Goods Inventory

The inventory of finished goods that are prepared for sale but remain unsold.