Question

a short note on barter system

Answer 1

 barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return. Today, bartering has made a comeback using techniques that are more sophisticated to aid in trading; for instance, the Internet. In ancient times, this system involved people in the same area, however today bartering is global. The value of bartering items can be negotiated with the other party. Bartering doesn't involve money which is one of the advantages. You can buy items by exchanging an item you have but no longer want or need. Generally, trading in this manner is done through Online auctions and swap markets.

Answer 2

Barter is a system of exchange where goods or services directly exchange for other good or services without using a medium of exchange such as money. It is distinguishable from gift economics in many ways one of them is that the reciprocal exchange is immediate and not delayed in time.