HC Deb 18 October 1976 vol 917 c354W
24. Mr. David Price

asked the Secretary of State for Trade what is his estimate of the likely effect of the drought on the balance of trade figures over the next year; and if he will make a statement.

Mr. Meacher

So far the impact of the drought on manufacturing industry seems unlikely to have had any significant effect on the balance of trade. The effect on agriculture is likely to have some adverse influence, but it is not possible to make any firm estimates.

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