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LEDC
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===Meaning===
An '''LEDC''' is a '''less economically developed country''' which is relatively poor compared to other [[country|countries]].
''NB: Because exam boards are ridiculous, they can't agree on a single phrase for this concept. As a result AQA terms it an [[LIC|LIC (Low Income Country)]], Edexcel refers to it as a [[Developing Country]] and OCR refers to it as an [[LIDC|LIDC (Low-Income Developing Country)]].''