Social Sciences, asked by nathuramthakre2151, 1 year ago

What are the difficulties of Barter System of exchange? How has money solved these problems?

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Answered by jiyant

12

Thus, the system of barter exchange fulfills to some extent the requirements of both the parties involved in exchange. However, as the transactions increased, inconveniences and difficulties of barter exchange also increasedinvolving rising trading costs. Trading costs are costs of engaging in trade.

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