§ Mr. Tim Smithasked the Chancellor of the Duchy of Lancaster to what extent he estimates official statistics to he understating (a) the United Kingdom's surplus on trade in invisibles and (b) the United Kingdom's share of world trade in services.
§ Mr. MaudeAlthough the official statistics on invisibles, especially for recent periods, are recognised to be subject to a significant range of possible error, there is no clear evidence to indicate that either the United Kingdom surplus on invisibles or the United Kingdom share of world trade in services is being significantly understated.