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because it exports one of the most expensive metals in the world- Gold

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12y ago

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What does ledc stand for?

what does LEDC stand for?Less economy developed country


Should more economic developed countries help to pay vaccines for less economic developed countries?

yes


Is Iran a less economic developed country?

It is listed under Less Developed Countries at the Related Link below.


What relationship in which a less developed nation trade is controlled by a developed nation?

economic dependence :)


What type of economic system does Cameroon have?

What type of economic system does Cameroon, Africa have? (traditional, command, market, or mixed)


Why are economic indicators low with a less developed country?

I think that its low because the country is not fully developed.


What two methods can a less developed country used to finance its economic development?

The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.


What has hampered development in less developed countries?

left-wing economic ideas, poorly developed. At least in Argentina


What is the capital of douala?

Douala is the largest city in Cameroon. Yaoundé is the capital of Cameroon.


What two methods can less developed country use to finance its economic development?

There two methods that less developed country can use to finance its economic development. The two are borrowing from other countries and collecting taxes from citizens.


Why do you think some people are rich and some are poor explain?

it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)


Is Cameroon ledc or medc?

Cameroon is classified as a Less Economically Developed Country (LEDC). It faces challenges such as poverty, inadequate infrastructure, and limited access to education and healthcare. While it has a diverse economy, including agriculture and natural resources, its development indicators suggest it has not reached the status of a More Economically Developed Country (MEDC).