HC Deb 22 October 1976 vol 917 c587W
Mr. Viggers

asked the Secretary of State for Trade to what extent his Department's estimates of the United Kingdom's balance of trade in the next 12 months have taken into account the declared intention of the Organisation of Petroleum Exporting Countries to increase the price of oil by between 15 and 25 per cent.

Mr. Clinton Davis

Assessments made by my Department of possible developments in the United Kingdom's balance of trade take into account factors relevant to movements in the value of both imports and exports.

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