What is barter system?
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Explanation:
A barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return. ... The value of bartering items can be negotiated with the other party.
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Answer :-
The direct exchange of goods without the use of money in place of goods and services is called barter system.
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