Question

What are the demirts of barter system?​

Answer 1

Hi buddy

Here is your answer

We want to wait for double coincidence to exchange the product.

This system doesn't express the quality of the product.

Affect both the parties

Answer 2

your

answer is,

The problems of international trade, such as, foreign exchange crisis, adverse balance of payments, do not exist under barter system. iv. There is no problem of concentration of economic power into the hands of a few rich persons under the barter system because there is no possibility of storing the commodities.

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