Which one of the following statements is correct as regards to interna...
The resources lying beyond 200 nautic miles of Exclusive Economic Zone in the ocean are called international resources.so "b" is the correct statement
Which one of the following statements is correct as regards to interna...
Correct Statement about International Resources
Introduction: International resources refer to resources that are shared among different countries and are not limited to the territorial waters of any single nation. These resources include natural resources such as minerals, oil, and gas, as well as shared resources like rivers and oceans. It is important to have a clear understanding of international resources and their management, as they can often be a source of conflict between nations.
Statement: The correct statement as regards to international resources is:
Resources which are regulated by international institutions
Explanation: Many international resources are regulated by international institutions, which are responsible for managing and distributing these resources in a fair and equitable manner. These institutions include the United Nations (UN), the International Court of Justice (ICJ), and the International Maritime Organization (IMO), among others. For example, the UN Convention on the Law of the Sea (UNCLOS) governs the use and management of the world's oceans and their resources. UNCLOS defines the boundaries of the territorial waters of each nation and establishes rules for fishing, shipping, and other activities within those waters. Similarly, the International Seabed Authority (ISA) is responsible for managing the resources of the deep seabed beyond national jurisdiction. The ISA ensures that these resources are used for the benefit of mankind and that their exploitation is carried out in a way that protects the environment and preserves biodiversity.
Conclusion: In conclusion, international resources are a complex issue that requires the cooperation and coordination of many different nations and institutions. By establishing rules and regulations for the use and management of these resources, we can ensure that they are used in a sustainable and equitable manner for the benefit of all.
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