UPSC IAS Prelims Topicwise Questions : International Economics

International Economics

Consider the following
1. The territorial sea is regarded as the sovereign territory of the state, although foreign ships (both military and civilian) are allowed innocent passage.
2. The difference between the territorial sea and the exclusive economic zone is that the first confers full sovereignty over the waters, whereas the second is merely a "sovereign right" which refers to the coastal state's rights below the surface of the sea.
3. The EEZ is 188 nautical miles from Territorial waters and includes contiguous zone. Select the correct code

A. 1 and 2
B. 2 and 3
C. Only 1
D. 1, 2 and 3

Answer: Option D