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What is barter system?

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What is barter system?
  • 2 answers

Yogita Ingle 6 years, 8 months ago

Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time.

Ankita Nayak 6 years, 8 months ago

It is a trade in which goods are exchanged without the use of money
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