§ Mr. Gryllsasked the Secretary of State for Trade if he will make a statement of Government policy towards the EEC fourth draft proposal to exempt patent licence agreements from article 85 of the Treaty of Rome forbidding restrictive agreements.
US $ million 1970=100 Crude balance of trade in motor vehicles* Terms of trade† United kingdom Federal Republic of Germany France Japan Italy Iron and Steel‡ Engineering§ 1952 … … … ║ ║ ║ ║ ║ ║ ║ 1960 … … … 859 1,047 528 ║ 172 ║ ║ 1967 … … … 796 1,645 364 400 345 108 104 1970 … … … 1,016 2,634 915 1,280 327 100 100 1971 … … … 1,011 2,995 1,084 2,304 428 103 101 1972 … … … 382 3,617 1,258 2,877 380 111 106 1973 … … … 264 5,114 1,570 3,439 460 98 101 1974 … … … 568 5,991 1,897 5,016 863 91 104 1975 … … … 642 5,899 2,849 5,852 1,068 106 106 1976 … … … 395 7,555 2,372 8,666 738 109 106 1977 … … … –137 9,100 3,006 11,253 692 100 114 1978 … … … –944 10,163 3,585 15,098 634 ║ ║ * Exports fob less imports cif. Motor vehicles are taken as SITC(R) Sub-groups 732.1 to 732.7. † United Kingdom export unit value index fob as a percentage of import unit value index cif. ‡ SITC(R) division 67. § Taken as SITC(R) divisions 71, 72 and 86. ║Not available or not readily available. Sources: OECD Trade Series C and Microfiche. United Kingdom Trade Statistics.