Question

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.​

Answer 1

Answer:

They would have to borrow money to buy oil, and this new debt would make it difficult or impossible for them to repay foreign loans.

Explanation:

(Correct on GradPoint)

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