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==In opposition, 1970β1974== Wilson's government went on to be unexpectedly defeated by [[Edward Heath]] at the [[1970 United Kingdom general election|1970 general election]]. Callaghan initially became Shadow Home Secretary, later becoming [[Shadow Foreign Secretary]]. In 1973, after an approach from the Conservative Chancellor [[Anthony Barber]] he agreed to have his name go forward for the job of Managing Director of the [[International Monetary Fund]] (IMF), however, this was vetoed by the French government.{{sfn|Conroy|2006|pp=73β74}}
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