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trading a sheep for a cow (apex) :)
What else can I help you with?
Which situation best illustrates the barter system of exchange?
Trading somebody a car for a truck.
What involves the direct exchange of goods and services without the use of money as a. Medium of exchange?
Barter system
What is the exchange of goods or services without the use of money?
The exchange of one good for another without the use of money is called Barter.
What is it when people traded goods?
A trade, an exchange, or barter. An economic system which operates without money is called a barter system.
What best explains how the invention of money affected the barter system?
The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
What is the exchange of goods without using money?
This is called the barter system.
The system of exchange goods without the use of money is called?
This is called the barter system.
What econimic system is characterized by an exchange of one product for another?
Barter
A barter is an economic system based on the?
exchange of goods for other goods.
Do countries still use barter system?
No. Barter System was one of the ancient ways of exchange of goods and services. Nowadays cash and currency has replaced the barter system. People usually pay for goods and services in money.
What involves the direct exchange of goods and services without the use of money as a medium of exchange?
Barter system
What system is the exchange of one product for another?
Barter is a system of trade where people exchange good or services without the involvement of money.
