OPEC countries recorded a meteoric rise in the value of their exports in the 1970s and again in the 2000s as the international demand for energy rose.

Question

Quizplus · Accepted Answer

This statement is true. The OPEC countries saw a significant increase in the value of their oil exports in the 1970s due to the oil crisis, and again in the 2000s as global demand for energy continued to rise.

OPEC Countries Recorded a Meteoric Rise in the Value of Their