Middle-Income Countries - MICs

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Dictionary Says

Definition of 'Middle-Income Countries - MICs'

Nations that fall into the middle-income range set forth by World Bank World Development Indicators. The countries included in this range have a wide span of income levels, but fall within a specified range.
Investopedia Says

Investopedia explains 'Middle-Income Countries - MICs'

Countries considered part of the middle-income range have increased over the years. This is because a number of emerging market nations have moved from low-income levels to middle income.

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