Social Sciences, asked by azar130, 8 months ago

advantages of double coincidence of wants

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Answered by ItzSecretBoy01

Answer:

Under barter system, a double coincidence of wants is required for exchange. In other words, the wants of the two persons who desire to exchange goods must coincide. For example, if person A wants to acquire shoes in exchange for wheat, then he must find another person who wants wheat for shoes.

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