§ Sir Brandon Rhys Williamsasked the Chancellor of the Exchequer what is his estimate of the exchange rate between the pound sterling and the deutschmark which would correspond to the purchasing power parity, as defined by the Organisation for Economic Co-operation and Development; and how much it differs from the current market rate.
§ Mr. Ian StewartThe Government do not make such calculations. Estimates prepared for the OECD are 43W contained in its December 1984 Working Paper No. 17 (Real Gross Product in OECD Countries and Associated Purchasing Power Parities), copies of which are available through the House of Commons Library.