HC Deb 25 October 1973 vol 861 c564W
Mr. Leadbitter

asked the Chancellor of the Exchequer what is the current balance of payments situation.

Mr. Nott

I would refer the hon. Gentleman to the reply given to the hon. Member for South Ayrshire (Mr. Sillars) on 16th October. The oil price rise announced since then will defer the expected improvement in the terms of trade.

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