"We are fine" is a phrase which is often translated as "estamos bien", and "thank you" is a phrase which is often translated as "gracias". Learn more about the difference between "we are fine" and "thank you" below.
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we are fine
A phrase is a group of words commonly used together (e.g once upon a time).
a. estamos bien
Do you need any more blankets or pillows? - No, thanks. We are fine.¿Necesitan más frazadas o almohadas? - No, gracias. Estamos bien.