§ 85. Sir G. Nabarroasked the President of the Board of Trade what part of the adverse trade balance of £565 million in 1967 he attributes to Anglo-United States trade; what were the total British exports to the United States of America in 1967 and the total imports from the United States of America; and how much of this country's adverse balance in the United States trade may be attributed to purchase of United States tobacco to replace Rhodesian tobacco.
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§ Mr. Darling:Exports in 1967 to the United States were £609 million f.o.b. and imports £803 million c.i.f. The difference between these figures is not, however, a good measure of the visible trade balance with the United States because, for instance, of the differences in valuation. It is not possible to estimate the cost to the balance of payments of purchasing United States tobacco instead of tobacco from Rhodesia.