Social Sciences, asked by khushisuthar1821, 4 months ago

what was double coindence in trade

Answers

Answered by Eduman

Answer:

The double coincidence of wants mean that both the parties have to agree to sell and buy each other's commodity i.e. what a person desires to sell is exactly what the other person wishes to buy.

Answered by samsuddinansari05394

The coincidence of wants (often known as double coincidence of wants) is an economic phenomenon where two parties each hold an item the other wants, so they exchange these items directly without any monetary medium.

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