Question

what is barter system and write it's advantages and disadvantages​

Answer 1

Answer:

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.

Explanation:

Advantages and disadvantages of Barter

It is a simple system free from the complex problems of the modern monetary system. The problems of international trade, like foreign exchange crisis and adverse balance of payments, do not exist in the barter system.