what do you understand by double coincidence of wants?
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The coincidence of wants (often known as double coincidence of wants) is an economic phenomenon where two parties each hold an item the other wants, so they exchange these items directly without any monetary medium. ... Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity.
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it is a situation when one whom you wants to sell goods is in possession of such goods which you want to buy
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