EXCHANGE PROGRAMS FOR THE 1967 FISCAL YEAR (FY), CARRIED OUT BY THE STATE DEPARTMENT BETWEEN THE UNITED STATES AND SOME 135 COUNTRIES AND TERRITORIES, ARE DESCRIBED IN THIS REPORT. THE ASSISTANCE OF OTHER GOVERNMENT AGENCIES, PRIVATE ORGANIZATIONS, INSTITUTIONS, AND SPECIALLY APPOINTED BOARDS AND ADVISORY COMMISSIONS IS REFERRED TO IN DESCRIPTIONS. THE REPORT DISCUSSES MIGRATION OF TALENT, WORK WITH INTERNATIONAL ORGANIZATIONS, AND BUDGETING, AND DESCRIBES SPECIAL EXCHANGE PROGRAMS INVOLVING EDUCATION, THE ARTS, SPORTS, DIFFERENT AGE GROUPS, AND DIFFERENT COUNTRIES. TABLES AT THE END OF THE REPORT COVER SUCH TOPICS AS DISTRIBUTION OF GRANTEES IN THE UNITED STATES, TOTAL PROGRAM PARTICIPANTS FOR FY 1967, AND EXPENDITURES BY COUNTRY. INCLUDED IN THE APPENDIXES ARE ART GROUPS AND ATHLETIC TEAMS SENT ABROAD IN FY 1967, COOPERATING EDUCATIONAL INSTITUTIONS AND AGENCIES, AND A NATIONAL POLICY STATEMENT ON INTERNATIONAL BOOK AND LIBRARY ACTIVITIES. THIS DOCUMENT IS AVAILABLE FOR $0.40 FROM THE SUPERINTENDENT OF DOCUMENTS, U.S. GOVERNMENT PRINTING OFFICE, WASHINGTON, D.C. 20402. (AF)