****** ********* ** * problem **** arises ***** ******* ***** cannot do anything ********** *** ****** ** **** ** ****** ******** ********* **** **** ** **** *** example ** *** oceans *** ******* ** ****** ********* ******* ***** ******* *** ******* ******* **** ** ******* **** * certain body *** *** ******* or **** the water body ***** ** nothing another ***** *** do ***** *** oceans The body **** owns *** ****** *** *** **** **** have *** the full ******* **** ** ********* ***** ***** in *** ***** body **** *** *** **** **** have *** the ********* ** *********** **** ***** **** can **** ** to ******* ********* ** use *** ********* ******* ********** *** ***** of *** *********

In

*** ****** ***** ** ****** ownership ****** The **** of ownership **** *** oceans ** *** world has **** into ********** for **** ******** ** ****** many ************** ******* ** parts ** *** **** **** ***** brought them ***** ******* ** ******** ***** ******* improving ********** *** ************ ***** ********** *** world
********

***

****** *** *********** **** ** international zones this ***** that ***** is ** ******* that *** *** *** ************ **** it *** ** ***** ** ***** ***** ****** ********* ** *** ****** there are regulations ** ***** to **** keep *** ***** *** ** *********** ****** the responsibility for *** world’s ****** ** ******* entities ** ****** ****** the ***** *** ****** ******* is *** ********* ********* body **** *** world’s ****** *** overseas ***** ********* economic *** ************* ****** **** ***** ****** this ***** ******* The types

**

specific ******* ********* **** **** *** following categories ** ******* by *** ****** Nations: ************** ********** *********** *** ********** zone exclusive economic zone ** *** *** the **** **** ** ************* water
The ************** *********

******

to * particular ********** ********** to take **** for the ocean *** ********* *** *** *** ** * **** ** transportation ****** ******* ******* of *** ******* shores Jurisdictional ********** ***** * ****** ** *** ***** ***** *** *********** ********* *** **** ** **** ******** ******* ** *** ****** *********** *** ** *******

**

the ** Convention ** the *** ** *** **** as ** nautical miles or ** ********** **** from a ******* ******** ***** *** ****** ** question *** ******** *** ** **** space *** ************** ********* *** and ********* whether ** *** the ******** of ******** ******* ** beneficial ** *********** ** their own ********* *** contiguous zone ** **********

**

** ** kilometers ****** *** *********** *** and ** used to ******* * ************** **** ********* customs and *********** ********* and for ******** purposes ** anyone *** ****** the **** of *** host nation ** **** **** ********* ** *** ** *** **** previously ****** ***** the host ****** *** ************ **** **** **** *** ********** *** *** ** exclusive ******** ****

is

*** ******** miles **** a **** ************** ********* that ****** **** ****** ** *** natural ********* ****** that **** *** *** *********** the *********** *** ** * ****** *** ***** ** ***** **** * *********** shelf This **** allows *** *** ************ of resources ***** ** ********** *** ****** ******* ********* ******** **** *** **** *** *** ******* ** ******* ******* **** ** sea *** *** ***** to *** *********** ** *** **** country
The major ******* of ****** ********* is

unsustainable

fishing ******* *** of *** *********** ********* are already ***** exploited ** ********** while ******** ** unwanted **** *** ***** animals *** ********** each **** **** ** ******* some of those that control *** ****** usually **** *** ********* *********** and **** of **** ** not take **** ** ***** waters ** control ******** *** other biggest ******* ** ****** ownership is

*********

******* ********* ****** ******* *********** pesticides ********** ********* plastics *** ******** ******** into *** ***** ****** most ** *** ********** on **** eventually **** their way into *** ***** ****** deliberately ****** ***** ** ******** **** ***** run-off and the atmosphere *** ************ **** ********* ** harming the entire marine **** ***** * all *** way ** ** ******* ***** ****** be a committee that *** ** ****

**

****** the ****** ***** ****** mainly ** ******* **** *** control of *** ***** ********* whereby **** **** to provide *** regulations *** monitor *** water ********* in different ***** ** *** ******* *** ******* ********* committee ****** **** ** ****** ** **** ** the ********* ********** ********* ** **** ** the ******* they **** ** form *********** ** *** ** ******* *** ***** ****** *** ****** it ** ******** **** *** nation
** ***** to ****** the issue of common ocean ownership

is

**** ************* ** **** ** ****** **** there are regulations in place ** ** adhered ** *** **** ** *** *********** imposed **** comprise ** ********* the *** ** *** *** which will ***** *** ******** the moment ** *** ********* of international *** to *** **** ****** ***** resources ** *** ****** *** ****** Nations Office ** ***** ******* ******* its ******** ** ***** ******* *** the *** of the Sea plays * ***** **** in ********** those ******* which * will ****** **** they continue ** ******* ***** **** The other **** ** ********** **** **** ** *** ** ***** ** *** acts ** protect ****** *** **** and promote the *************** ***** *** ** ****** resources
*** ****** **** ******** a source ** conflict to **** *****

**

*** ***** *** * **** ******* the **** *** ** ******** *** **** **** **** ******* **** *** ****** *** to allow *** countries ** ****** **** each other ** taking **** ** ***** ***** resources *** ***** *** ** *** in ********** *** issues ** ******* educating *** countries *** ********** ** *********** **** *** other in ****** care ** ***** ***** ********* and ****** them **** *** ******* can occur **** they ** *** ********* ** taking **** ** *** water ********** ******** Holcombe ******* G ****** “Common Property ** ************************ (PDF) ******* **

***********

Studies

19

(2): 10
******** ******* ** **** ****** * ****** ********* Costs *** Benefits ** Ownership: *

******

of Vertical *** ******* ***************** ******* ** ********* ******** ******* ******* * (2008) *********** ownership *** *** hold-up ******* ***** asymmetric information” Economics Letters

*******

***** ****** **************** and the ********** ** *************** *** ******** ******* 112 *****