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Chapter 4
Section 2
| Term | Definition |
|---|---|
| Export | To sell goods abroad |
| Import | To buy goods from foreign markets |
| Charter colony | Colony established by a group of settlers given a formal document allowing them to settle |
| Proprietary colony | Colony run by individuals or groups to whom land was granted |
| Royal colony | Colony run by a govener and a council appointed by the king or queen |