What are Flags of convenience?

This video explains: what are flags of convenience, its advantages and disadvantages, who decides the flags of convenience, and the top ten flags of convenience. Contents of this video will benefit mariners preparing for exams (written and oral examinations). Mariners will also benefit by watching the following videos: Rescue at sea: The ISM Code: The official logbook: Maritime Labour Convention: Safe Manning of Ships: Managing Stowaways Found on Ships: STCW Convention and STCW Code: On-Board training as per STCW: Drug and alcohol at sea: FAL Convention: Articles of agreement: