§ Mr. Austin Mitchellasked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing for each year since 1970 the real exchange rate between the pound sterling and (a) the Korean won and (b) the Japanese yen, in terms of relative export prices.
§ Mr. Alexander FletcherThe ratios of United Kingdom to Japanese and Korean export prices are in the table.
Export* Unit Value Index Ratios (in common currency terms) 1980=100 United Kingdom Korea United Kingdom Japan 1970 34 71 1971 42 73 1972 51 69 1973 45 65 1974 43 63 1975 66 73 1976 57 71 1977 60 74 1978 65 74 1979 67 86 1980 100 100 1981 104 90 1982 108 89 January-September 1983 115 86 January-November 1983 † 86 * Total visible trade † Not available Sources: United Kingdom Department of Trade and Industry "Monthly Review of External Trade Statistics"; Korea — "Monthly Statistics of Korea" and Japan "The Summary Report Trade of Japan."