Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 5 November 1973.

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Photo of Mr Dick Taverne Mr Dick Taverne , Lincoln 12:00, 5 November 1973

Will the right hon. Gentleman please answer the question which I put to him earlier? In view of the balance of payments deficit and the world boom, does not the right hon. Gentleman recognise that if there were some restraint on home demand it would enable exports to expand and would not hold back production?