History, 28.06.2019 11:00, phancharamachasm
In 1973, members of the organization of petroleum exporting countries (opec)reduced oil exports, which more than quadrupled oil prices. what effect did that have on less developed nations? answer is they had to borrow money to buy oil, and this new debt made it difficult or impossible for them to repay foreign loans.
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In 1973, members of the organization of petroleum exporting countries (opec)reduced oil exports, whi...
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