I assume "186" really means 18R-C.
The 20R would be good and the 22R would be even better.
Both are taller than the 18R-C, so the air cleaner will hit the bonnet (hood).
You can modify the bonnet or the air cleaner or lower the engine by modifying the mounts or crossmember.
Toyota lowered the engine on the '75 Celica RA22 to fit the 20R.
The 4 speed W40 and the 5 speed W50 swap with no problems.
Beware that the W50 came in a few different versions that had the gear stick in different places depending on the donor car.
The 1600cc 4A-GE may be a little under powered unless you like living with high revs all day.
I would not put a Ford cast iron V8 in it.
The extra weight ahead of the front wheels will kill your handling - which may then kill you when you run off a corner with terminal understeer.
The all alloy Lexus V8 is a more practical engine - physically smaller and with more power than the Ford 302.
I have a friend that did that to his '77 liftback but the '72 has a slightly smaller engine bay.
Another guy did it to his '73 but he recessed the firewall at great expense.
Here a few more suggestions
http://members.iinet.net.au/~stepho/celfaq.txt
How did a Celica get to St Petersburg, Russia?
- Stepho