what are the limitations of barter system?
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1.Barter System can work when there exists 'Double Coincidence of Wants':
2.The major limitations of Barter Exchange are:
3.Lack of Double Coincidence of Wants:
4.Lack of Common Measure of Value:
5.Lack of Standard of Deferred Payment:
2.The major limitations of Barter Exchange are:
3.Lack of Double Coincidence of Wants:
4.Lack of Common Measure of Value:
5.Lack of Standard of Deferred Payment:
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Barter Exchange: Meaning and Limitations of Barter Exchange
Barter System can work when there exists 'Double Coincidence of Wants':The major limitations of Barter Exchange are:Lack of Double Coincidence of Wants:Lack of Common Measure of Value:Lack of Standard of Deferred Payment:
Barter System can work when there exists 'Double Coincidence of Wants':The major limitations of Barter Exchange are:Lack of Double Coincidence of Wants:Lack of Common Measure of Value:Lack of Standard of Deferred Payment:
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