GLOSARIO
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CUSTOMER: A party that receives or consumes products (goods or serv ices) and has the ability to choose between different products and suppliers.
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CURRENCY A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade.
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DEMAND: A claim for a sum of money as due, necessary, or required.
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DISTRIBUTION: The movement of goods and services from the source through a distribution channel, right up to the final customer, consumer, or user, and the movement of payment in the opposite direction, right up to the original producer or supplier.
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ECONOMIC AGENTS: Financial institutions: Private or organizations that, broadly
speaking, act as a channel between savers and borrowers of funds. Household and families: They buy products and services and they offer
resources too. Private companies: it is a business unit established, owned,
and operated by private individuals for profit, instead of by or for any government or its agencies. Public Administration: It can be broadly described as the development,
implementation and study of branches of government policy. Rest of the world: Foreign countries. •
ESTABLISHMENT: Economic unit that produces and/or sells goods or services, and operates from a single physical location.
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EXCHANGE: A marketplace in which securities, commodities, derivatives and other financial instruments are traded. The core function of an exchange - such