§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer what evidence he has that the liberalisation of trade and payments has led to an increase in the rate of economic growth in the United Kingdom; and if he will provide illustrative figures for the growth in gross domestic product less North sea oil and gas together with changes in the balance of payments.
§ Mr. RyderThere is a vast economic literature on the benefits of free trade. I refer the hon. Gentleman to a recent survey article by J. David Richardson, published in the spring 1989 issue ofOECD Economic Studies, and its extensive bibliography.