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Mr. Meacher
asked the Secretary of State for Trade and Industry what has been the percentage increase in world trade for each year since 1950; what has been the percentage increase in liquidity; and in what form this has been for each of these years.
Sir G. Howe
Following is the information:
| Word Exports* (valued in U.S. dollars) increase on preceding year Per cent. | International Liquidity† (valued in U.S. dollars) increase on preceding year Per cent. | |
| 1950 | 4·8 | 7·0 |
| 1951 | 35·2 | 0·9 |
| 1952 | −4·1 | 1·5 |
| 1953 | 2·5 | 3·8 |
| 1954 | 2·8 | 3·1 |
| 1955 | 8·8 | 1·7 |
| 1956 | 11·0 | 3·9 |
| 1957 | 7·4 | 0·6 |
| 1958 | −3·7 | 1·9 |
| 1959 | 5·6 | −0·4 |
| 1960 | 11·3 | 5·1 |
| 1961 | 4·7 | 3·4 |
| 1962 | 4·9 | 1·3 |
| 1963 | 9·1 | 5·5 |
| 1964 | 12·4 | 3·7 |
| 1965 | 8·0 | 2·8 |
| 1966 | 9·7 | 7·4 |
| 1967 | 5·0 | −2·6 |
| 1968 | 11·7 | 4·2 |
| 1969 | 14·4 | 1·1 |
| 1970 | 14·9 | 18·3 |
| 1971 | 12·1 | 41·0 |
| 1972 | 17·9 | 21·2 |
| *Source: For years subsequent to 1967, "Trade and Industry ", 6th December 1973; for earlier years United Nations Statistical Yearbooks. Exports of centrally planned economies are excluded. | ||
| †Source: International Reserves as set out in Table 191 of the 1972 United Nations Statistical Yearbook and corresponding figures in earlier Yearbooks. | ||