§ 10. Mr. HALL-CAINE
asked the President of the Board of Trade whether, in view of the fact that an adverse visible balance of trade approximating to £350,000,000 may be expected for the current year, he has any information to show whether the other items making up the country's balance of payments will be sufficient to avert a deficit; and, if not, whether any action is contemplated to remedy the situation?
§ Mr. RUNCIMAN
I regret that the desired information is not available, as it is not practicable to furnish, for periods other than a calendar year, an estimate of the invisible items entering into the balance of payments.
§ Sir J. NALL
In view of the very adverse balances with several other 667 countries, why have the Department not pressed more vigorously for further trade agreements?