what is basic feature of double coincidence of wants in which system it practiced
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The coincidence of wants (often known as double coincidence of wants) lacking a medium of exchange (such as money), which have to rely on barter or other in-kind transactions.Double coincidence of wants means that the both the parties have to agree to sell and buy each commodities.
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The basic feature of double coincidence of wants is that a barter system cannot work without barter system. It was practiced in barter system
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