Other than Venezuela, which one among the following from South America is a member of OPEC?
A
Argentina
B
Brazil
C
Ecuador
D
Bolivia
Correct Answer: Option C
Explanation
1. OPEC stands for the Organization of the Petroleum Exporting Countries.
2. Venezuela is a founding member of OPEC from South America.
3. The question asks for another South American member.
4. Ecuador joined OPEC in 1973, left in 1992, and rejoined in 2007 (before the exam year 2009). It remained a member until leaving again in 2020. At the time of the question (2009), Ecuador was an OPEC member.
5. Argentina, Brazil, and Bolivia are not members of OPEC.