Question

identify the condition when both the parties in a barter economy have to agree to sell and buy each other's communities? what is it called?

Answer 1

this condition is called double coincident of wants. in this both seller and buyer have to be ready for exchanging their goods. For example if a person has 2kg of wheat and he wants 2 kg of rice then he should have to find a person which is ready for taking his wheat and giving 2kg rice.

Answer 2

yes...............correct