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part 5

trade is the exchange of goods
export are goods and services produced within the country
import are goods and services sold in a country
tariff is a tax on imports or exports
trade barrier is a government with restrictions
free trade or the removal of trade
budger is a plan that shows income
savings is an act of setting aside money
intrest is the price for barrowing
credit is an arrangment
investing is the act of using money
stock is the share of ownership in an company
bond is a certificate sued by a company
market an organization a way for producers and consumers to trade goods and services
profit is the money a company has left
revenue is the money earned bye a company
specilization the act of concentrating on limited goods
composition struggle among producers
inflation increase in prices
recession grounth in months
traditonal econmony
Created by: cameron cribley