Economy, asked by shanayanaz6156, 9 months ago

What is barter or exchange system?

Answers

Answered by cutesmile590
2

Answer:

In trade ,barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange such as money.

Explanation:

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Answered by abhi3023
0
  • Barter system is an old method of exchange.

  • This system has been used for centuries and long before money was invented.

  • People exchanged services and goods for other services and goods in return. .
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