HC Deb 20 December 1968 vol 775 c526W
Mr. Biggs-Davison

asked the President of the Board of Trade what proportion of the published export figures is accounted for by capital transactions including the acquisition of British by American enterprises.

Mr. Dell

Exports of goods and services are shown as credits in the current account of the balance of payments and are distinct from credits in the long-term capital account, which are the result of the acquisition by overseas residents of assets in the United Kingdom. The figures are set out in Table 2 of the Balance of Payments Pink Book. A more detailed analysis of direct investment in the United Kingdom, including an analysis by investing country, was given in theBoard of Trade Journal of 19th July, 1968.