what is barter system
Answers
Answered by
2
A 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. ... The value of bartering items can be negotiated with the other party.
Answered by
1
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. An example of barter is bread provided in exchange for butter.
Explanation:
Hope this helps :)
Similar questions