Considering the United Nations' stages of economic development for classifying countries with respect to levels of industrialization, Brazil falls under the group of more-developed countries (MDCs).

Question

Quizplus · Accepted Answer

Countries that are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs are more typically referred to as newly industrialized countries (NICs). Brazil is considered as one of the NICs.

Considering the United Nations' Stages of Economic Development for Classifying