How does the barter system work ?
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In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
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the direct exchange of goods between 2 parties are called barter system
Explanation:
if party A has gold and wants grains and party B has grains and wants gold.....they can exchange each other's good...this is how barter system works
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