HC Deb 12 May 1933 vol 277 c1842W
Captain FULLER

asked the President of the Board of Trade the extent of the investment of British Capital in Denmark; and what other circumstances account for that country's large favourable trade balance with us over many years?

Mr. RUNCIMAN

I am not able to state the amount of British capital invested in Denmark. The explanation of the causes of the disparity in the balance of trade between this country and Denmark must, of course, be a matter of opinion; but I may point out that, while a considerable proportion of Denmark's imports consists of goods which are not produced in the United Kingdom at all, Denmark's exports consist almost wholly of produce for which there is a ready market in this country.