yes it is luv its income is made from selling cigars because that is the only thing they know how to make

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Is Venezuela a ledc

Anonymous

∙ 12y ago

Updated: 9/2/2023

Venezuela is not an LEDC because it has one of the biggest oil reserves in the world and is one of the leading oil exporters. It has had some phases of economic turmoil, but it still remains a relatively developed country.

Wiki User

∙ 12y ago

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Is Venezuela a MEDC a LEDC?

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