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Balance Of Payments

Volume 894: debated on Monday 23 June 1975

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asked the Chancellor of the Exchequer whether he will publish an estimate of the relative contribution made to the improvement in the balance of payments by domestic economic recession and the devaluation of the pound sterling, respectively, in the past 12 months.

I regret that it is not possible to disentangle these and other effects on the balance of payments over such a recent period.