Question

Recognize the situation when both the parties in a barter economy have to agree to sell and buy each other’s commodities? What is it called?

Answer 1

it is called Double Coincidence of Wants and because of it, every individual object doesnt have individual value which could lead to huge loss. example if a gold smith exchanges a truck of gold with a truck if bricks he would get a huge loss.

Answer 2

Double Coincidence of Wants