Other than Venezuela, which one among the following from South America is a member of OPEC?
- AArgentina
- BBrazil
- CEcuadorCorrect
- DBolivia
Explanation
The correct answer is C because Ecuador was a long standing member of the Organization of the Petroleum Exporting Countries. It originally joined in 1973, suspended its membership in 1992, and rejoined in 2007. Although Ecuador withdrew from the organization again in January 2020 to focus on domestic economic issues, it remains the only country among the listed options to have held OPEC membership alongside Venezuela. Argentina, Brazil, and Bolivia have never been members of OPEC.
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