§ Colonel GOODMANasked the President of the Board of Trade what has been the effect upon British exports of the trade sanctions imposed by the League of Nations against Italy; and whether in any instance any compensatory trade has been arranged?
§ Mr. RUNCIMANIt is not possible to estimate the effect of the application of sanctions on the United Kingdom export trade as a whole. The reply to the second Tart of the question is in the negative.