This study takes stock of the institutional setting, operational modalities, strengths and weaknesses of various forms of mutual recognition when used in different sector and country contexts. It aims to build a greater understanding of the benefits and pitfalls of one of the 11 mechanisms of...

One: Market Integration From Below -- 1 Some efficiency effects of customs union -- 2 Customs union and economies of scale -- 3 Customs union, market structure and firm size -- 4 Customs union and intra-industry trade -- 5 Customs union and international production -- Two: Market Integration...