Practice mode Basic of Economics

Barter is the trade of goods or services by means of what?

Correct answer A. Exchange of goods and services

Explanation

Barter is direct exchange of goods and services for other goods and services without any money being used, which requires a double coincidence of wants.

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.