§ 121. Mr. Iremongerasked the Chancellor of the Exchequer if he will give his estimates for the effects on the balance of payments in 1967, 1968, and 1969 of the 1967 dock strike, restrictions on tourist expenditure, the import deposits scheme, the above average growth in world trade, the shortfall of United Kingdom domestic growth compared with the growth of productive potential, the rise in interest rates during these years, and devaluation.
§ Mr. TaverneNo. The improvement in the balance of payments cannot usefully be attributed in this way.