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Mr. Cartwright
asked the Secretary of State for Trade whether he is satisfied that the present method of supervising the operation of bureaux de change provides proper safeguards both for consumers and for other providing foreign exchange services.
Mrs. Sally Oppenheim
Yes; among other statutes they are subject to sections 13 and 14 of the Trade Descriptions Act 1968 in respect of false statements. I have
| percentage changes on a year earlier | ||||||||||
| United Kingdom trade in manufactures* | Export Price of manufactures† | GDP at constant Market prices | ||||||||
| Exports to Finland | Imports from Finland | United Kingdom | Finland‡ | United Kingdom | Finland | |||||
| 1970 | … | … | … | … | 28 | 20 | 7½ | § | 2½ | 8 |
| 1971 | … | … | … | … | 11 | 19 | 7 | 6 | 3 | 2½ |
| 1972 | … | … | … | … | -5 | 26 | 8½ | 9½ | 2½ | 7 |
| 1973 | … | … | … | … | 21 | 44 | 9 | 20 | 8 | 6½ |
| 1974 | … | … | … | … | 36 | 49 | 19 | 47 | -1½ | 4½ |
| 1975 | … | … | … | … | 20 | -11 | 17 | 22 | -1 | 1 |
| 1976 | … | … | … | … | 7½ | 35 | -1½ | -2 | 3½ | ½ |
| 1977 | … | … | … | … | 16 | 6½ | 15 | 10 | 1½ | ½ |
| 1978 | … | … | … | … | -7 | 8 | 21 | 3½ | 3 | 2½ |
| January to October 1979 | … | … | 14 | 25 | 22 | § | § | § | ||
| * Based on current £ sterling values | ||||||||||
| † In U.S. $ terms | ||||||||||
| ‡ Figures on different reference years have been linked as necessary | ||||||||||
| § Not available or not readily available on a comparable basis | ||||||||||
| Sources: | ||||||||||
| United Kingdom—trade—Overseas Trade Statistics and Annual Statement of Trade; export prices—Table B23 of the Monthly Review of External Trade Statistics; GDP—National Income and Expenditure 1979 Ed, adjusted to international definitions | ||||||||||
| Finland—export prices—United Nations Monthly Bulletin | ||||||||||
| GDP —National Accounts of OECD countries 1952–77 (Volume 1 Main Aggregates) and OECD Main Economic Indicators (November) | ||||||||||