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Venezuela is located on the northern part of South America. Except for mountainous lands, other parts of this country belong to the tropical grassland climate. The country boasts the world’s largest Angel Falls, a world-renowned tourist resort. Venezuela is an economically developed country in Latin America. Oil industry is the lifeblood of the national economy. It ranks first in the world in terms of oil production and export. It is the fifth largest oil exporter in the world.


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