. LDCs include Burundi, Mauritania, Myanmar, and Zambia, the U.N. lists 47, and 36 are currently WTO members. The WTO sets the rules for global trade, and the world depends on these rules to provide some stability. Producers and exporters like a stable framework to operate within.
Countries self-declare their status to the WTO. Among the list of developing countries: China, South Korea, and Singapore. China is a member of the Group of 20 and accounted for almost 12% of global merchandise trade from 2015-2017. South Korea is an OECD member, a G-20 member, and is listed as a “high-income country” by the World Bank, in addition to accounting for almost 3% of all global merchandise trade.
Here's a new term for you to ponder 'Decending country'
“America” is like 200 yrs old compared to places that have existed for 5000 yrs...We’re definitely still in the infancy ( developmental ) stage of this country
No, it's a parasitic country feeding on vulnerable healthy foreign bodies
Any country who is not a developing country is a dead country.
developed already
Good thought 😁
Over-developed. In fact, at this rate, we can expect to see a societal shift from democracy to an autocracy before our next election cycle.
I’m sorry but how are we not a developing country..?
No. Because all the smart ones end up in Canada.🤓 AI capitol of the world is Toronto 😜
Economically, sure. Socially, there isn't going to be anymore development, for individuals anyway.
More like de evolving
Seriously? 😅
Disintegrating is more accurate
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