HC Deb 29 June 1994 vol 245 c610W
Mr. Austin Mitchell

To ask the President of the Board of Trade what account was taken of the law of comparative costs in international trade and developing the proposals in his White Paper on competitiveness.

Mr. Sainsbury

As the White Paper on competitiveness makes it clear, the Government are committed to fair and open markets which provide a spur to enterprise and improved efficiency. This allows the United Kingdom to export those goods which it can produce most efficiently in line with the law of comparative costs.