what do you mean by the term double coincidence of wants
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The double coincidence of wants mean that both the parties have to agree to sell and buy each other's commodity i.e. what a person desires to sell is exactly what the other person wishes to buy. ... In a barter system commodities bare exchanged with commodities of other person without the use of money.
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Answer:
When both the parties are agreed to sell and buy each other's commodities. This is known as double coincidence of wants.
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