What is bater trade?

Answer 1

Barter trade is the direct exchange of goods and services between parties without the use of money. This system relies on the mutual agreement of value between the items being exchanged, often requiring negotiation to ensure both parties feel satisfied with the trade. Bartering can be particularly useful in situations where currency is scarce or for individuals looking to avoid cash transactions. While less common in modern economies, it still exists in various forms, including online platforms and local exchanges.