Explanation:
National income is measured by product (value added), income and expenditure methods. Balance of payments is used for recording international transactions, not for measuring national income.
The concept of 'Common but Differentiated Responsibilities' in international environmental law means that:
A.Only developed countries have any responsibility
B.All countries share responsibility for environmental protection but the nature and extent of obligations differ according to capabilities and historical contributions
Explanation:
The principle of common but differentiated responsibilities recognises that while all states are responsible for addressing global environmental problems, their respective obligations differ according to their capacities and their historical contributions to the problem.
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