92. Mr. J. T. Priceasked the Chancellor of the Exchequer what contribution has been made to Great Britain's invisible exports for the years 1957, 1958, 1959 and 1960, as a result of the operation of the special concessions granted to overseas trade corporations in Part IV of the Finance Act, 1957; and what has been the net effect of this legislation on the nation's balance of payments.
§ Mr. BarberIt is not possible to assess quantitatively the net effect of this legislation on the United Kingdom's invisible exports, or on the balance of payments as a whole.