Directions: decide whether each of the following statements describe mexico or venezuela. place an m on the line for mexico, and a v on the line for venezuela. mostly dry climate with little rainfall. it has a humid tropical climate in the southern part of the country hot and humid climate with a rainy season areas rich with minerals like silver, copper, lead, iron, and oil, but oil is their most valuable resource. oil is the most valuable resource and many people work in the oil industry most people live along the coast in major urban areas.