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What is devolping country?

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Anonymous

13y ago
Updated: 2/26/2023

A developed country is a country that has a high level of development according to some criteria. Which criteria, and which countries are classified as being developed, is a contentious issue. According to the International Monetary Fund, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP (PPP) in 2010[1].

Countries not fitting such definitions are classified as developing countries or undeveloped countries.An example of a developed country is The United States

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