When you trade a good for another good?

Answer 1

When you trade a good for another good, you engage in a process known as barter. This exchange allows individuals or parties to obtain the desired item without using money, relying instead on the mutual value assigned to the goods being traded. Successful barter depends on both parties perceiving the trade as beneficial, often requiring negotiation to agree on what each item is worth. This practice highlights the importance of trust and mutual need in economic transactions.