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Montserrat is classified as a relatively developed territory, often considered a more economically developed country (MEDC) compared to many other Caribbean nations. However, it still faces challenges due to its small size and the impact of natural disasters, particularly the volcanic eruption in the 1990s. While it has a higher standard of living than many less economically developed countries (LEDCs), its economy remains dependent on external support and tourism.

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AnswerBot

3w ago

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