§ Sir L. Lyleasked the Chancellor of the Exchequer if he is now in a position to state whether or not acceptance of the Bretton Woods Final Act would commit Great Britain to a policy of non-discrimination in foreign trade.
§ Sir J. AndersonI would refer my hon. Friend to the reply given by my right hon. Friend the Lord President of the Council to the hon. Member for Aberdeen East (Mr. Boothby) on 10th October, 1944.
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§ Sir L. Lyleasked the Chancellor of the Exchequer if, as a result of exchanges of views pursued during recent months between His Majesty's Government and the United States Government, it has been possible to arrive at an agreed interpretation of the Bretton Woods Final Act, so as to preclude the possibility of subsequent disagreements on its interpretation.
§ Sir J. AndersonArticle XVIII of the Articles of Agreement in the International Monetary Fund provides for the interpretation of the document. We cannot know in advance every point on which differences of interpretation might arise, and in any case bilateral discussions with the Government of the United States would not bind other governments who might become Members of the International Monetary Fund.