The Customs Union a Tariff and quota barriers among member countries are eliminated Member countries establish common tariff and trade barriers against nonmember countries a Tariff revenues are shared among members according to a prescribed formulaThe Customs Union ◼ Tariff and quota barriers among member countries are eliminated ◼ Member countries establish common tariff and trade barriers against nonmember countries ◼ Tariff revenues are shared among members according to a prescribed formula