Which of the following is an example of an issue for which an agreement has not been made between two or more countries ?
Deep-sea mining in non-coastal areas of the oceans
Many environmental and resource issues are governed by agreements among countries, as Daniels' International Business explains in discussing international law.
Restricting harmful emissions is covered by agreements such as the Montreal Protocol on ozone-depleting substances and the Kyoto Protocol on greenhouse gases.
Preserving endangered species is covered by CITES, the Convention on International Trade in Endangered Species (1973).
Banning certain pesticides is covered by the Stockholm Convention on Persistent Organic Pollutants (2001) and the Rotterdam Convention, which restrict chemicals such as DDT.
Deep-sea mining in the ocean floor beyond national jurisdiction is the textbook example of an issue on which countries had not reached an effective, universally accepted agreement: the seabed provisions of the UN Convention on the Law of the Sea were long disputed and major economies such as the United States never ratified it, so commercial deep-sea mining rules remained unsettled.
Hence, Deep-sea mining in non-coastal areas of the oceans.
Similar Questions
Which of the following refers to a situation in which the merger of companies results in over 25% of the market in the hands of the merged companies ?
The time limit for filing a complaints before the District forum under the Consumer Protection Act, 1986 is
Indicate the true statement :
The Competition Act, 2002, seeks to regulate
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Match the items/terms given in List-I with those given in and List-II.
List – I List – II (a) BIS (i) Print Media (b) CERC (ii) Minimum support price for agricultural products. (c) CACP (iii) Quality of manufactured products. (d) PCI (iv) Comparative product testing. Indicate the correct answer :
Codes :
(a) (b) (c) (d)
Which of the following is true ?
Match the items of List – I with List – II :
List – I List – II a. Industries Development Regulation Act i. 1947 b. Import and Export Control Act ii. 1948 c. Foreign Exchange Management Act iii. 1951 d. Factories Act iv. 1999 Identify the correct combination :
Codes :
a b c d
Statement-I : Legal agreements between two countries govern how both the countries tax earnings.
Statement-II : International Law may determine how and whether companies can operate in a certain locale.
Codes :
Important Questions from Legal Environment
- A sudden shift from import tariffs to free trade may induce short term unemployment in
Given below are two statements, one labelled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the code given below.
Assertion (A): Consumers need to be given legal protection against certain trade practices and business methods.
Reason (R): Protection as per market forces and 'Caveat Emptor' is not enough as perfectly competitive market is an economist's dream and consumer sovereignty is a myth.
According to FEMA, foreign exchange does NOT include
1. Deposits payable in any foreign currency
2. Bills of exchange drawn in Indian currency but payable in any foreign currency
3. Traveller's cheques drawn by institutions outside India but payable in Indian currency
4. Drafts drawn by banks outside India and payable in foreign currency
Which of the following laws does not affect business organizations?
Which of the following sections of Companies Act, 2013 facilitates amalgamation, absorption and reconstruction of companies?
1. 319
2. 320
3. 410
4. 502
