§ Mr. Gouldasked the Chancellor of the Exchequer what estimate he made at the time of the Budget of the growth in the volume of imports and exports of manufactured goods; and how this estimate compares with what has actually happened.
§ Mr. Robert SheldonThe forecast growth rates for manufactured export and import volumes were similar to those for total exports and imports of goods and services published in the Financial Statement and Budget Report 1976–77. Export volumes were somewhat above forecast in the second quarter but both export and import volumes were somewhat below forecast in the third quarter.