Chapter

Analytical Appendix

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
September 1970
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Principal Features of Member Countries’ Restrictive Systems1

(as at date of country survey)2

AfghanistanAlgeriaArgentinaAustraliaAustriaBelgium-LuxembourgBoliviaBotswanaBrazilBurmaBurundiCambodiaCameroonCanadaCentral African Rep.CeylonChadChileChina, Republic ofColombiaCongo, Dem. Rep. ofCongo, People’s Rep. ofCosta RicaCyprus
1. Article VIII statusXXXXXXX
2. Article XIV statusXXXXXXXXXXXXXXXX
3. Agreed par value existsXXXXXXXXXXXXXXXX
4. Par value appliedXXXXXXXXXXX
5. Unitary effective rate, not par value
(a) fixed rateXXXX
(b) freely fluctuating rate
(c) pegged rateXX
6. Special rate(s) for some or all capital transactions and/or some or all invisiblesXXXXXXX
7. Import rate(s) different from export rate(s)XXXXXXX
8. More than one rate for importsXXXXXX
9. More than one rate for exportsXXXXX
10. Restrictions exist on payments in respect of current transactions2XX0XXXXXXXXXXXXXX
11. Restrictions exist on payments in respect of capital transactions3, 4XXXXXXXXXXXXXXXXXX
12. Prescription of currencyXXXXXXXXXXXXXXXXXXXXX
13. Bilateral payments arrangements with membersXXXXXXXXX
14. Bilateral payments arrangements with nonmembersXXXXXXXXXXXX
15. Import surchargesXXXX
16. Advance import depositsXXXXXX
17. Surrender of export proceeds requiredXXXXXXXXXXXXXXXXXXXXX
18. Part of larger monetary area5XXXXXXXXX
19. Participates in regional economic cooperation6XXXXXXXXXXXXXXXX
For key and footnotes, see page 572.
For key and footnotes, see page 572.
DahomeyDenmarkDominican RepublicEcuadorEl SalvadorEquatorial GuineaEthiopiaFinlandFranceGabonThe GambiaGermany, Fed. Rep. ofGhanaGreeceGuatemalaGuineaGuyanaHaitiHondurasHong KongIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyIvory CoastJamaicaJapanJordanKenya
XXXXXXXXXXXXXX1
XXXXXXXXXXXXXXXXXX2
XXXXXXXXXXXXXXXXXXXXXXXXXXX3
XXXXXXXXXXXXXXXXXXXXXXXXXXX4
X5

(a)
(b)
(c)
XXX6
XXX7
X8
9
X_XX0XXXXXXXXXXXXXXXXXX10
XXXXXXXXXX_XXXXXX__XXXXXXXXXXXX11
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX12
XXXXXXXXXX13
XXXXXXXXXXXXX14
XXXXXXXXXXXX15
XXXXXXXXXX16
XXXXXXXXXXXXXXXXXXXXXXXXXXXX17
XXXXXXXXXXXXXX18
XXXXXXXXXXXXXXXXXXXXXXXX19
For key and footnotes, see page 572.
For key and footnotes, see page 572.
Principal Features of Member Countries’ Restrictive Systems1

(as at date of country survey)2

KoreaKuwaitLaosLebanonLesothoLiberiaLibyan Arab Rep.Malagasy RepublicMalawiMalaysiaMaliMaltaMauritania8MauritiusMexicoMoroccoNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNiger9
1. Article VIII statusXXXXXX
2. Article XIV statusXXXXXXXXXXXXXXXX
3. Agreed par value existsXXXXXXXXXXXXXXXX
4. Par value appliedXXXXXXXXXXXXXXX
5. Unitary effective rate, not par value
(a) fixed rateXXXX
(b) freely fluctuating rateX
(c) pegged rateX
6. Special rate(s) for some or all capital transactions and/or some or all invisiblesXXX
7. Import rate(s) different from export rate(s)XXX
8. More than one rate for importsXX
9. More than one rate for exportsX
10. Restrictions exist on payments in respect of current transactions3X0XXXXXXXXXXX
11. Restrictions exist on payments in respect of capital transactions3, 4XXXXXXXXXXXXXXX
12. Prescription of currencyXXXXXXXXXXXXXXXX
13. Bilateral payments arrangements with membersXXX
14. Bilateral payments arrangements with nonmembersXXXXXXX
15. Import surchargesXXXXXXXX
16. Advance import depositsXXX
17. Surrender of export proceeds requiredXXXXXXXXXXXXXXXX
18. Part of larger monetary area5XXXXXXXXXXXXX
19. Participates in regional economic cooperation6XXXXXXXXXXXXX
For key and footnotes, see page 572.
For key and footnotes, see page 572.
NigeriaNorwayPakistan10PanamaParaguayPeruPhilippinesPortugalRwandaSaudi ArabiaSenegal11Sierra LeoneSingaporeSomaliaSouth AfricaSouthern YemenSpainSudanSurinamSwazilandSwedenSyrian Arab Rep.TanzaniaThailandTogoTrinidad & TobagoTunisiaTurkeyUgandaUnited Arab Rep.United KingdomUnited StatesUpper Volt12
XXXXXXXXX1
XXXXXXXXXXXXXXXXXXXXXXXX2
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX3
XXXXXXXXXXXXXXXXXXXXXXXXX4
XX5

(a)
(b)
(c)
XXXXXXXX76
XXXX7
XXX8
X9
XXXXXXXXXXXXX0XXXXXXXXX10
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX11
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX12
XXXXXXXXXXXX13
XXXXXXXXXXXXX14
XXXXXXXXX15
XXXX16
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX17
XXXXXXXXXXXXXXX18
XXXXXXXXXXXXXXXXXXXXXXXXXX19
For key and footnotes, see page 572.
For key and footnotes, see page 572.
Principal Features of Member Countries’ Restrictive Systems1

(as at date of country survey)2

UruguayVenezuelaViet-NamYugoslaviaZambia
1. Article VIII status
2. Article XIV statusXXXXX
3. Agreed par value existsXXXX
4. Par value appliedXX
5. Unitary effective rate, not par value
(a) fixed rate
(b) freely fluctuating rate
(c) pegged rate
6. Special rate(s) for some or all capital transactions and/or some or all invisibles7
7. Import rate(s) different from export rate(s)XXX
8. More than one rate for importsXX
9. More than one rate for exportsXXX
10. Restrictions exist on payments in respect of current transactions2XXXX
11. Restrictions exist on payments in respect of capital transactions3, 4X_XXX
12. Prescription of currencyXXXX
13. Bilateral payments arrangements with membersXX
14. Bilateral payments arrangements with nonmembersXX
15. Import surchargesXX
16. Advance import depositsXXX
17. Surrender of export proceeds requiredXXXX
18. Part of larger monetary area4X
19. Participates in regional economic cooperation5XX
Key and FootnotesX indicates that practice exists; — indicates practice does not exist; and O indicates that position is undetermined.

Practices indicated as existing do not necessarily apply to all transactions.

In most cases, December 31, 1969. Where the date is a different one, this is indicated in a footnote.

Payments to member countries. Restrictions in the form of quantitative limits or undue delay other than restrictions imposed for security reasons.

Resident-owned funds.

Part of French Franc Area or Sterling Area.

Membership in, or association with, African and Malagasy Common Organization, Anglo-Irish Free Trade Area, Arab Common Market, Association of Southeast Asian Nations, Australia-New Zealand Free Trade Agreement, Caribbean Free Trade Association, Central African Customs and Economic Union, Central American Common Market, Customs Union of West African States, East African Community, European Economic Community, European Free Trade Association, Latin American Free Trade Association, Mozambique Convention, Organization of Senegal River States, Regional Cooperation for Development (Iran, Pakistan, and Turkey), Southern African Customs Union, or West African Economic Community.

As of February 4, 1970.

As of March 5, 1970.

As of April 7, 1970.

As of January 8, 1970.

As of January 9, 1970.

As of April 6, 1970.

Key and FootnotesX indicates that practice exists; — indicates practice does not exist; and O indicates that position is undetermined.

Practices indicated as existing do not necessarily apply to all transactions.

In most cases, December 31, 1969. Where the date is a different one, this is indicated in a footnote.

Payments to member countries. Restrictions in the form of quantitative limits or undue delay other than restrictions imposed for security reasons.

Resident-owned funds.

Part of French Franc Area or Sterling Area.

Membership in, or association with, African and Malagasy Common Organization, Anglo-Irish Free Trade Area, Arab Common Market, Association of Southeast Asian Nations, Australia-New Zealand Free Trade Agreement, Caribbean Free Trade Association, Central African Customs and Economic Union, Central American Common Market, Customs Union of West African States, East African Community, European Economic Community, European Free Trade Association, Latin American Free Trade Association, Mozambique Convention, Organization of Senegal River States, Regional Cooperation for Development (Iran, Pakistan, and Turkey), Southern African Customs Union, or West African Economic Community.

As of February 4, 1970.

As of March 5, 1970.

As of April 7, 1970.

As of January 8, 1970.

As of January 9, 1970.

As of April 6, 1970.

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