What is the difference between ‛Double co-incidence of wants' and ‛Barter System'?
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When two parties or individuals agree to buy each others goods it is called double coincidence of wants.
When an article is exchange for another it is called as barter system.
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Barter system means exchange of goods directly without the use of money
Double coincidence of wants is one of the most significant features of barter system where both the buyer and seller agrees to buy or sell their products.
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