Question

A shoe manufacturer wants to sell shoes in the market and buy wheat. The shoe manufacturer
will first exchange shoes that he had produced for money, and then exchange the money for
wheat. Which drawback of Barter system is indicated here?
a) Lack of Common Measure of Value
b) Lack of Standard of Deferred
Payment
c) Lack of Store of Value
d) Lack of Double Coincidence of Wants
​

Answer 1

Answer:

(a) lack of common measure of value