HC Deb 05 November 1982 vol 31 c10W
Mr. Meacher

asked the Chancellor of the Exchequer what he now estimates to be, on the latest evidence, the marginal propensity to import in the event of any upturn of demand in the United Kingdom economy.

Mr. Brittan

The proportion of any upturn in demand met from imports will depend critically on the composition of the additional demand, as well as on the supply response of United Kingdom industry.

Back to
Forward to