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Money is more flexible than barter. Let us say that you are a farmer, and you have produced a large amount of beans. You want a new piece of furniture. You could find a carpenter and offer him bushels of beans, but he might not even like beans, or even if he does like beans, he probably does not want a quantity of beans that would be equal in value to the piece of furniture that you want. Alternatively, the farmer can sell his beans for money, and he can then buy the furniture for money, and those questions (does the carpenter like beans, and if so, what quantity of beans does he want) will not arise. Everybody accepts money, it is universally useful.
What else can I help you with?
How does a bank facilitate international trade?
Bank facilitate to international trade through providing Long Term Loans and Financial facilities.
What is trade to trade?
AIDS TO TRADE ARE WHAT HELP TRADE TO WORK THEY ARE THE services required to facilitate trade.services needed bybusinessesto trade
Why did rush want the states to surrender their power of emitting money?
So that a uniform currency would be produced that would facilitate trade.
How did the sink road facilitate trade?
It is the Silk Road and they didn't need to facilitate trade because the Europeans were very busy with the trace between Asia and Europe.
What is aid to trade?
AIDS TO TRADE ARE WHAT HELP TRADE TO WORK THEY ARE THE services required to facilitate trade.services needed bybusinessesto trade
Importance of AIDS to trade in commerce?
Basically aids to trade facilitate trade. These are means to make trade run smooth. Everything such as banking, warehousing, transportation, communication, advertising etc. are just means to facilitate trade to go smooth.
Why do empires establish colonies?
1) to facilitate trade
Show you how to write a sentence using the word facilitate?
Money can facilitate your success. Facilitate your way around here!
How did Mongol empire facilitate world trade?
The Mongols facilitated trade by the use of the silk road
How did the tilingit travel?
To facilitate trade the Tilingit traveled in boats.
What is money used for in everyday life?
Money is a way to facilitate trade. Back before money, maybe you raised pigs and somebody else raised chickens. If you wanted some chicken, then you had to try to trade a pig for some chickens. But what if the person with chickens didn't want or need any pigs right now, then you had to try to find somebody else. Now you can work and earn money, then you can spend that money for whatever you need.
Which of these was NOT a component of the Marshall Plan?
the creation of a unified European currency to facilitate trade
