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- W2489333114 abstract "In 1962, 1967 and especially in 1971 a major problem for the respective governments seeking EC entry was that a larger proportion of Britain’s imports were from outside western Europe than those of any of the Six. The problem was greater by the third attempt because the Six had in 1969 confirmed that the primary source of the Community’s revenue should be charges on imports: variable levies on agricultural produce and mainly ad valorem tariffs on manufactures and semi-manufactures. It was clear that, should Britain join, its gross contribution to the budget would be both absolutely and proportionately greater than that of any other member. Conversely, because of its small though efficient agricultural sector, its share of EC expenditure (which was then about 85 per cent on farm support) would be much less. A large net contribution thus appeared inevitable. This was strikingly clear from the government’s second White Paper published in February 1970, produced to meet a promise to the previous party conference.2 It estimated that, in a five-year transitional entry period ending in 1978, revenue paid by the Six into the central EC budget from food import levies, customs duties and VAT would be an estimated $2.89bn, while that from Britain alone would be $1.38bn — almost half as much again. Depending on how Britain’s pattern of food production and imports altered over the five years, the net adverse payment could range between £100m and £1.1bn a year." @default.
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- W2489333114 date "2001-01-01" @default.
- W2489333114 modified "2023-09-25" @default.
- W2489333114 title "‘No Entry on Tory terms’" @default.
- W2489333114 doi "https://doi.org/10.1057/9780230508545_6" @default.
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