ABSTRACT

20.1 The Kingdom of Norway has one of the longest coastlines in the world, facing the North Sea from the Skagerrak in the south and extending north beyond the Arctic Circle. A glaciated, mountainous territory, its recent economic history owes much to the rich oil and gas reserves within its sphere of influence. The country has a constitutional monarchy and the legal system is a blend of customary law, civil and common law traditions. The national currency of Norway is the Krone (NOK).