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How do you classify a country's level of development?

It outlined its methods for classifying a country's level of development. Countries that are deemed more developed are referred to as developed countries, while those that are less developed are known as less economically developed countries (LEDCs) or frontier markets.

What is an example of a developing country?

An example of a developing nation is Thailand. In recent years, Thailand's GDP has increased substantially and the country has moved from a lower income to an upper income country. What Is a Developing Country?

What does developing country mean?

Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. What is the pronunciation of developing country? DEVELOPING COUNTRY definition: a country with little industrial and economic activity and where people generally have low incomes: .

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