§ 54. Mr. Biggs-Davisonasked the President of the Board of Trade whether, having regard to the United Kingdom's present balance of payments, the Government have reconsidered their policy of dollar liberalisation; and with what result.
§ Mr. N. MacphersonDollar liberalisation accounts far only a small part of our increased exports. In the view of my right hon. Friend it is by expanding our exports and not by restrictive trade policies that we must improve our trade balance.