b'9.4. Central American Integration System The aim of this agreement is mutualThe EU also requires free movement recognition of various products.Thereof people. The consequence has been are mutual recognition sanitary measuresmass, uncontrolled immigration into the for foods and beverages processes inUK. Short of an economic collapse in the Guatemala, El Salvador, Honduras andUK, this immigration will go on and on. The Nicaragua.strongest pullfactoris the multiple that is available in the UK of what can be earned The standardisation measures are meantin (for example) Bulgaria - see especially to facilitate trade; they do not create anminimum wage table in Chapter 1.unnecessary barrier to it. Other free trade areas (and similar) in the In addition, the agreement provides thatworld for example NAFTA have no free two or more party States may enter intomovement of people. Further, they do mutual recognition agreements concerningnot have an imposed system of the results of their respective conformityharmonised regulation. They still prosper. assessment procedures, with a view toIndeed, most of them surpass the facilitating inter-regional trade.39 EU Single Market in economic performance. Economically, there is no reason to suppose To summarise, the EU Single Market isthat UK would not do well on Brexit, indeed incomplete. Moreover, it is far (40% to 80%)better than we are now. Some of the less complete in the services sector. A UKstrengths that we have as a country are the rep reports 5%. The effect is that intrinsicallysubject of the next chapter.the UK benefits less from the Single Market than other EU member states whose economies have materially smaller service sectors. Nevertheless, the costs to the UK of burdening 100% of its economy with Single Market regulations is in the tens of billions annually. 137'