HC Deb 09 November 1981 vol 12 c15W
Mr. Marlow

asked the Secretary of State for Trade if he will take steps to assess the extent of the effective tariff barrier imposed by variations of 5 per cent. or more of the £ sterling against a basket of other European Economic Community currencies.

Mr. Peter Rees

It is not practicable to calculate with any confidence the effects of particular parity changes on trade flows.

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