True, When a country sends goods to another country to sell, it is called export., A producer is a person or company that makes goods., A consumer is someone who buys and uses goods or services., Cost is the money you pay to buy something., Supply is the amount of a product ready to be sold., Demand is how much people want to buy something., Currency is the money used in a country., Trade means buying and selling goods between people or countries., Goods are things you can touch and buy., False, When a country sells goods to other countries, it is called import., Production means buying things from a shop., Profit is the money a business loses., To save money means to spend all your money quickly, A service is something you buy that you can touch, like a book.

TRUE OR FALSE

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