Eec Budget (Contributions)

Part of the debate – in the House of Commons at 12:00 am on 27th February 1975.

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Photo of Mr Mike Thomas Mr Mike Thomas , Newcastle upon Tyne East 12:00 am, 27th February 1975

Given the free movement of capital in the Common Market countries, and given that on a number of occasions Britain has had a balance of payments crisis situation due to the capital account, why is it simply the balance of payments on current account which is mentioned in this context?