§ EXPORT TRADE.
§ 8. Sir Reginald Blair
asked the President of the Board of Trade whether, by forming groups of industries, it is the aim of the Export Council to employ 7 export cartels for making collective bargains with foreign competitors and then to go further by quoting differential export prices, to be met by an accumulative cartel-fund based on home sales, and to accept the risk of retaliatory foreign dumping-duties?
§ The President of the Board of Trade (Sir Andrew Duncan)
Export groups will organise themselves in the ways best calculated to promote the export trade of their members. In considering action such as my hon. Friend suggests, export groups will have the advice of the Export Council on all relevant points, including the risk of retaliatory duties.