EXCHANGING GOODS AND SERVICES

to give a good or a service to another in exchange for a different good or service

• trade

• barter

• supply

the amount of goods or services that people want and can buy

• demand

• import

• export

an economy in which people and private businesses, not the government, decide what goods to make and buy

• free enterprise system

• trade

• barter

to bring products and resources into one country from another

• supply

• demand

• import

to send products and resources from one country to another country

• export

• free enterprise system

• trade

the amount of goods or services that people can sell

• barter

• supply

• demand

to use money to buy and sell goods and services

• export

• trade

• supply