Abstract

THREE CASES of importance are discussed in this installment of the survey of cases involving the Articles of Agreement of the International Monetary Fund.1 These have been decided by the International Court of Justice, the New York Court of Appeals, and the U.S. Federal Communications Commission. The issues relate to the right of a country to impose exchange control, the recognition by members of the Fund of the exchange control regulations of other members, and the privileges and immunities of the Fund.