Why did Venezuela help form OPEC, the Organization of Petroleum Exporting Countries?(1 point)
Responses
Venezuela wanted to protect its role in the oil industry.
Venezuela wanted to protect its role in the oil industry.
This was part of Venezuela’s import substitution industrialization policy.
This was part of Venezuela’s import substitution industrialization policy.
Venezuela wanted to make sure other countries did not produce oil.
Venezuela wanted to make sure other countries did not produce oil.
Other oil-producing countries forced it to join or lose money.
Other oil-producing countries forced it to join or lose money.