§ Mr. Gouldasked the Chancellor of the Exchequer whether the devaluation of the £ sterling by reference to the deutschemark has been of a greater or lesser percentage since 1st January 1973 than the widening of the trade gap in manufactured goods traded between the United Kingdom and the Federal Republic of Germany (a) before and (b) after the recent revaluation of the deutschemark.
§ Mr. Robert SheldonThe trade gap in manufactured goods has increased since 1973 by a greater percentage than the depreciation of sterling against the deutschemark, both before and after its recent realignment within the snake.