The ocean resources beyond 200 nautical miles are classified under which zone?

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Exclusive Economic Zone

Export-Processing Zone

Special Economic Zone

None of the above

answer is D.

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Detailed Solution

According to the above question, the correct option is the 4th, which cancels out all the above mentioned options. The ocean resources beyond 200 nautical miles are classified under an international water zone that any single government does not govern. In these areas, international laws work for trade purposes and are regulated by international bodies. The options mentioned above are incorrect, which can be understood as follows:
1)      An exclusive economic zone refers to the area near the coastline in which a country imposes its exclusive rights for fishing, drilling, and other economic activities.
2)      Export-processing zone refers to the areas where customers are allowed to do the exchange and can import goods.
3)      The special economic zone refers to the areas where trade laws work differently from the International Water Zone.

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