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Part V Public International Law of Money, 23 The Monetary Law of Interstate Obligations

Charles Proctor, Dr Caroline Kleiner, Dr Florian Mohs

From: Mann on the Legal Aspect of Money (7th Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 25 January 2022

Subject(s):
Monetary law of inter-state obligations — Nominalism — Exchange control — Debt — Exchange Rates
23.01 Monetary obligations arising under public international law will normally involve obligations arising between international persons (such as States or organizations created by a treaty made between States). Although the respective contexts may be very different, the types of difficulty with which the lawyer will be concerned are likely to be similar to those which arise under a domestic contract—for example, what is the money of account; what is the money of payment; what interest rate is to apply; may late payment result in liability for interest, damages,...
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