§ 38. Mr. Bruce-Gardyne
asked the President of the Board of Trade if he will invite the National Economic 541 Development Council to undertake a study of the correlation between the comparative rates of increases in recent years in earnings in manufacturing industry in the United Kingdom, France, Germany, Italy, Sweden and Japan and the changes in those countries' respective shares of world exports of manufactures over the corresponding period.
§ Mr. Bruce-Gardyne
Does not the right hon. Gentleman agree that the calculations in the latest issue of Economic Trends suggest that there is no correlation between comparative rates of wage and salary inflation in different countries and export performance? Will he draw that to the attention of the First Secretary of State?