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Russia is not a barter economy; it primarily operates within a mixed economy framework that incorporates both market and state-controlled elements. While barter transactions can occur, especially in certain sectors or during economic crises, they are not the dominant form of trade. The majority of economic activities in Russia involve currency transactions. The country relies on a combination of Natural Resources, industrial production, and services, with the ruble as its official currency.
What else can I help you with?
What is the difference between a barter and monetary economy?
what is the difference between barter economy and monetary economy ?
What are the difficultes of barter system?
what is the difficultes of barter system in world economy
What is the significant of barter?
In barter economy, commodities were exchanged in the market. It was before the evolution of currency system that barter economy existed. Even today, in remote rural areas of India, the barter system still exists.
What is CC economy?
CC economy is the earlier economy by barter system.Comodity for Comodity exchange economy.
What economy accepts goods and services in exchange for commodities?
barter economy
The barter economy is?
an economy which the price of goods is based on what people can afford .
What were the methods of trading in the early civilization?
barter economy
What is an money economy?
an economic economy based on money exchange rather than barter
What if your neighbor trades you a baseball cap for a book What type of economy does that support?
a barter economy
What if your neighbor trades you a baseball cap for a book What type of economy do you live in?
a barter economy
What are the three basic economic questions must be answered in a barter economy.?
guide the economy
What if your neighbor trades you a baseball cap for a book. What type of economy do you live in?
a barter economy
