Article VIII implicitly states no member may impose without the Fund’s approval restrictions on the performance of payments and transfers related to international commercial transactions … Article 14 implicitly indicates if the member is prepared to accept the obligations (which we haven’t quite seen yet)…contained in sections 2, 3 and 4 of Article VIII it says thus the agreement encourages the free movement of capital between countries and the transfer of balances between other members…to facilitate the performance of international payments and work to create a stable exchange rate system which provides the appropriate foreign investments…Article VIII…is the freedom of movement of capital. If you don’t have it and you’re not released to get it, you’re not going anywhere.
