Economy
2015
Basic Economic Terms
Which one of the following best describes the term ‘Blue Economy’?
A.Economic activities related to the exploitation and sustainable use of marine resources
C.Economic strategies to promote water-intensive industries
B.Economic policies aimed at reducing carbon emissions
D.Economic development through global trade agreements
Correct Answer: Option A
The 'Blue Economy' is best described as economic activities focused on the sustainable use and economic exploitation of marine resources. These activities include, but are not limited to, fisheries, tourism, and renewable energy.
Option (a) is the correct definition. Options (b), (c), and (d) are not correct as they refer to unrelated economic concepts.
Hence, option a is correct.
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