Question

disadvantages of barter system with explain​

Answer 1

Answer:

In barter system, there is no common measure of value; therefore, it is difficult to find out any fixed ratio for exchanging goods and services. For example, an individual is willing to buy wheat in exchange of cloth. In such a case, the condition of double coincidence of wants is satisfied.

Explanation:

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Answer 2

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In $\mathtt\blue{barter \:system}$, there is no common measure of value; therefore, it is difficult to find out any fixed ratio for exchanging goods and services. For example, an individual is willing to buy wheat in exchange of cloth. In such a case, the condition of double coincidence of wants is satisfied.❤