§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer what evidence he has of the extent to which the economic losses from EEC membership foreseen in the economic assessment White Paper of 1970—Cmnd. 4289—have been offset by gains; what the gains have been; and what he now assesses as being the balance of advantages.
§ Mr. NelsonAs paragraph 104 of the White Paper said, this is not a question to which any calculations could give a precise mathematical answer. Further, there have been major changes since 1970 in the economic, financial and trading relationship between the United Kingdom and the EC. A full update of all the contents of the White Paper could be undertaken only at a disproportionate cost.