I am listening with interest to what the Secretary of State is saying, but one point that he has not touched on yet is exchange rates. Is it not absolutely essential that appropriate exchange rates should be arranged between nations so that trade can operate fairly? If a country depreciates massively, it can develop a big trade surplus, and China has done precisely that in recent decades. Does the Secretary of State not agree that exchange rates are crucial?
Exiting the European Union and Global Trade
Proceeding contribution from
Kelvin Hopkins
(Labour)
in the House of Commons on Thursday, 6 July 2017.
It occurred during Debate on Exiting the European Union and Global Trade.
Type
Proceeding contribution
Reference
626 c1361
Session
2017-19
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-08-29 17:13:55 +0100
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