HC Deb 09 June 1980 vol 986 c23W
Mr. Marlow

asked the Lord Privy Seal, if the United Kingdom national contribution to the European Economic Community is reduced by reducing imports, what further financial benefit the United Kingdom will secure.

Sir Ian Gilmour

A reduction in our imports from outside the Community would lead to a lowering of our gross contribution to the Community budget. If not accompanied by a concomitant rise in imports from within the Community, this would also produce a balance of payments gain.