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I have heard tales of ancient Roman wartime, currency was created as it was just to difficult for soldiers to carry around chickens and beans around to swap for what they needed.
Of course, we have all bartered at one time or another. Barter is the one-on-one exchange of a product or service with another country, vendor or person.
In today's economy, I wish that we were all bartering. One could receive solid product that maintained its value, and trade it when wanting something different, rather than depending on the value of paper money that holds a promise of some value in the global community, but is not reliable in today's market.
Jacqui Macy
Past Director
Universal Currency Clearinghouse, IRTA
What else can I help you with?
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
Can Raw materials be direct or indirect?
raw material are indirect material
Why development is needed for future?
Within the evolutionary computation community, there is a strong consensus to agreed on the need of indirect representations to achieve scalability. But no such consensus has been yet found on how to design an indirect representation. An idea to build a scalable representation, is to see the phenotype to genotype mapping as an iterative transformation process: an explicit development stage. But such an approach is computationally expensive and then it relevance might be questionable. Through a simple, accessible example, optimization of a block stack overhang, it is shown that, indeed, an explicit development stage can be the only way if one wants a scalable representation and/or scalable solutions to a problem.
Which one of the following is a product cost indirect labor office salaries sales person's salaries or advertising costs?
Indirect labor
Is an octopus a indirect or direct development?
direct development
Is research development cost direct or indirect cost?
Research and development cost is indirect cost as this cost is not directly required to manufacturing the production units and that’s why always an indirect cost.
What are the advantages and disadvantages of direct and indirect development?
Direct development allows for faster growth and adaptation to changing conditions, as the organism undergoes minimal changes during development. However, indirect development can provide greater opportunities for dispersal and colonization of new habitats due to the presence of a dispersal stage. On the other hand, indirect development typically requires more resources and time to complete compared to direct development.
What is Evolutionary Trends Species Sorting?
Direct Development vs Indirect Development.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
What does indirect and direct mean?
Directly without intermediate, direct and established and the object of Association,and Indirect when associated with a given object, must be associated with a medium, without intermediate medium will not produce association.
What does indirect and direct trait mean?
Directly without intermediate, direct and established and the object of Association,and Indirect when associated with a given object, must be associated with a medium, without intermediate medium will not produce association.
What is an example of an indirect cost associated with mismanaged organizational stress?
quality of productivity
Examples of indirect cost associated with mismanaged organizational stress?
animosity, distrust
What is the definition of direct character development and indirect character development?
Indirect characterization is the process by which the personality of a fictitious character is revealed through the character's speech, actions, appearance. Direct characterization is the process by which the personality of a fictitious character is revealed by the use of descriptive adjectives, phrases, or epithets.
Indirect characterization requires the reader to?
Indirect characterization is a method of development that requires the readers make a inductive leap. Based on information about the character, the reader makes an inference about their nature.
