ABSTRACT
WHATEVER APPROACH is adopted-species, zonal, or combinations or variations of the two-it is clear that there will be a marked increase in the need for multinational arrangements. This will call for new institutions, or dramatic changes of old ones, in order to fulfill the various functions required for the management and distribution of the seas' wealth in fisheries. There is an infinite variety of the ways in which states may wish to organize their institutions. They will have to make choices as to the kinds of governing boards or bodies, voting structure, administrative mechanisms, means for financing the institutions, conduct of research, and a host of other matters relating to the acquisition and disposition of authority.