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Acknowledgements; Preface by Gene Grossman; Foreword by George A. Finch; Introduction by Paul Oslington; I. Introduction; II. The Compatibility of Customs Union with the Most-Favored-Nation Principle; 1. The Criteria of a Customs Union; 2. Diplomatic Controversies Arising out of Most-Favored-Nation obligations of Members of Customs Unions; 3. The Most-Favored-Nation Principle Not a Serious Barrier to Customs Unions; III. Exemption from Most-Favored-Nation Obligations of Preferential Arrangements other than Customs Union; 1. Imperial Preference; 2. Regional Agreements; 3. Plurilateral Agreements; IV. The Economics of Customs Unions; 1. Customs Union as an Approach to Free Trade; 2. Customs Union and the Terms of Trade; 3. Administrative Economies of Customs Union; 4. Revenue Duties; 5. The Level of the Customs Union Tariff; 6. Increased Tariff Protection as the Major Economic Objective of Customs Unions; 7. Cartels in Relation to Customs Unions; 8. The Allocation of Customs Revenues; V. Political Aspects of Customs Unions; 1. The Location of Administrative Authority in Customs Unions; 2. Customs Union and Neutrality Obligations; 3. Customs Union and Political Unification; 4. The Austro-German Treaty of 1918; VI. The Havana Charter and Customs Union; 1. The Most-Favored-Nation Principle; 2. Exemptions from Most-Favored-Nation Obligations of Customs Unions, Free-Trade Areas, and Interim Agreements; 3. Exemptions from Most-Favored-Nation Obligations of Agreements in the Interest of Economic Development, Including Regional Agreements; 4. Relations with Non-Members; 5. Significance of the Havana Charter for the Customs Union Question; VII. Prospects for Customs Unions; 1. Customs Unions Now in Operation or in Active Process of Negotiation; 2. Customs Union in Western Europe; 3. Obstacles to the Formation of Customs Unions; Bibliography; Index

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