⁽¹⁾ References are given on p. 79.

⁽¹⁾ Most countries' data do not distinguish between trade in dollars with the United States and other uses of the dollar; subtracting total trade with the United States gives a minimum estimate of ‘third country’ use.

⁽²⁾ The proportion of under 10 per cent found by Wood and Carse for sterling invoicing of United Kingdom imports seems surprisingly low compared with the other countries in table 1, and more like that for Japan or the developing countries in table 2. The share of Britain's imports from France invoiced in sterling is higher than the own currency share of Sweden and slightly below those of Belgium and the Netherlands. Its high share of primary imports should lower its aggregate share relative to these countries, but not by over 50 per cent. Wood and Carse's estimate for exports, however, was extremely close to that found in the survey by the Department of Trade.