Question

The ______ system of buying and selling goods was established.​

Answer 1

Answer:

online system of buying and selling goods was established

Answer 2

The barter system of buying and selling goods was established.​

Explanation:

• The barter system is known as the old method of exchange.
• Barter is an alternative form of trade where goods and services are exchanged directly without the use of money as intermediaries.
• For example, a farmer may exchange a bushel of wheat for a pair of cobbler bushes.
• The barter system has some advantages: it is a simple system free from the complexities of the modern currency system.
• Problems of international trade, such as the foreign exchange crisis and the unfavorable balance of payments, do not exist in the barter system.