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77.
Mr. Frank Allaun
asked the Chancellor of the Exchequer what will be Great Britain's approximate contribution to the European Economic Community budget in the first year of entry and in what currencies; and whether Her Majesty's Government have ascertained if Germany, France and Belgium have agreed to buy sufficient excess of exports from Great Britain to enable Great Britain to pay the cost.
Mr. Higgins
About £120 million gross, payable in sterling, as shown in Cmnd. 4715. There is no case for artificial bilateral trade arrangements on the lines suggested.