According to the United Nations' stages of economic development for classifying countries based on levels of industrialization, ________ countries consist of industrially developing countries just entering world trade with relatively low per capita incomes.

Question

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Less-developed countries (LDCs) are characterized by their nascent stage of industrialization and their entry into global trade, often marked by lower per capita income levels compared to more-developed countries.

According to the United Nations' Stages of Economic Development for Classifying