HC Deb 13 June 1967 vol 748 c36W
20. Mr. Dickens

asked the Chancellor of the Exchequer what estimate he has made of the effect of joining the European Economic Community on the outflow of capital for investment in the Community.

Mr. Callaghan

Acceptance of E.E.C. obligations would involve some additional outflow of capital to the Community, but not all the movement would be one way. The net effects are uncertain.

Mr. Boyd-Carpenter

asked the Chancellor of the Exchequer if he will circulate in the OFFICIAL REPORT a table showing the percentage of their gross national product taken in direct and indirect taxation, central and local separately, in each of the countries of the European Economic Community, and in the United Kingdom.

Mr. Diamond

The latest information available relates to the year 1965 and is as follows: