define barter system
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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. ... The value of bartering items can be negotiated with the other party.
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Barter system is a way in past as it has extincted now in two countries or people trade with each other giving them things but not money. Both have some items which are not present in other's country and they give things as money didn't flourished at that time.
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