§ 18. Mr. John Morrison
asked the President of the Board of Trade what will be the total value of imports this year under the token import scheme, and what return this country gets in each case for allowing such imports.
§ Mr. H. Wilson
I estimate that the total value of token imports in 1948 from the countries whose participation has so far been announced will be in the neighbourhood of £1.75 million. Token imports are accorded to these countries as part of mutually satisfactory trade arrangements which secure for the United Kingdom essential supplies of foodstuffs and raw materials, and entry into the overseas markets for our exports.