what is barter system
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A barter system is known as an old method of exchange. This system has been practised for centuries and long before money was introduced. People started exchanging services and goods for other services and goods in return. ... The value of bartering items is negotiable with the other party.
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Barter system is a method of trade in which goods are exchange without the use of money.
Explanation:
A barter system is an old method of exchange. Barter system is a type of system in which exchange of goods or services are directly exchanged for other goods or services without using a medium of exchange,such as money.
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