Dr. Bennettasked the Chancellor of the Exchequer whether, in view of the desirability of maintaining the maximum possible commercial and cultural relations between European Free Trade Association countries, he will investigate the possibility of making a special arrangement to increase the amount of foreign exchange available for British persons wishing to visit European Free Trade Association countries so as to compensate for the reduction in the purchasing power of the £ sterling in those European Free Trade Association countries which have not devalued.
§ Mr. Roy Jenkins:No. Currency issued (or travel to one non-sterling country is freely convertible into any other currency. A special allowance for visitors to European Free Trade Association countries would be impracticable as well as contrary to our international obligations.