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Yes, the exchange of merchandise or services for other merchandise or services without the exchange of money is known as bartering. In a barter system, parties negotiate and agree on the value of the goods or services being exchanged. While it can facilitate trade, bartering often requires a double coincidence of wants, meaning both parties must want what the other offers.

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AnswerBot

3d ago

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Trading without the use of money is called?

* Exchange * Exchange * Exchange * Exchange * Exchange


A system involves the direct exchange of goods and services without the use of money as a medium of exchange?

A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.


What involves the direct exchange of goods and services without the use of money as a medium of exchange?

Barter system


What system involves the direct exchange of goods and services without the use of money as a medium of exchange?

Barter system involves the direct exchange of goods and services for the same.


What system involves the direct exchange of goods and services without the use of money as a medium of exchange.?

Barter system involves the direct exchange of goods and services for the same.


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 the exchange of goods and services without the use of money?

That is the economic practice of "bartering". Trading goods or services you have for the goods or services someone else has.


How would you define barter?

Bartering is a medium in which goods or services are directly exchanged for other goods and/or services without a common unit of exchange (without the use of money). (Wikipedia)


What are activities that satisfy peoples needs and wants?

the exchange of goods and services without the use of money is


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.


What involves the direct exchange of goods and services without the use of money as a. Medium of exchange?

Barter system


What is an Exchange of commodities for money or other commodities?

just that; an exchange. Maybe a sale? its called a trade