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

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13y ago

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

Barter system


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


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 is baranganic system?

The baranganic system is an economic system based on the principles of barter and exchange of goods and services without the use of money. It involves direct trading between individuals or communities, relying on mutual trust and the intrinsic value of the items being exchanged. The system is decentralized and can operate without the need for a central authority or currency.


When money is used in a trade instead of the direct exchange of goods it acts as a A unit of account B trade equalizer C currency converter D medium of exchange?

When money is used in a trade instead of the direct exchange of goods, it acts as a D medium of exchange. This function allows for the buying and selling of goods and services without the need for bartering, facilitating smoother transactions in the economy.


What is the difference between direct and indirect transmission of information?

Direct transmission of information involves the immediate exchange of information between two parties, while indirect transmission involves the passing of information through an intermediary or a medium.


What is the meaning of direct bribery?

Direct bribery refers to the act of offering, giving, receiving, or soliciting something of value in exchange for exerting influence or control over someone's actions or decisions. It is a form of corruption that involves a direct exchange of money or favors in return for preferential treatment or benefits.


What does it mean to be a medium of exchange?

Being a medium of exchange refers to a function where a good or asset is widely accepted in transactions to facilitate trade and barter. It serves as a way to exchange goods and services without the need for a direct barter system, increasing efficiency in trade. Money is the most common example of a medium of exchange in modern economies.


What is direct service in commerce?

the direct services is that the services in production