Barter Multiple Choice entails the exchange of goods for goods. accounts for over 30 percent of the dollar volume of all exchange in the U. S. economy. is used to circumvent the problem of a lack of coincidence of wants among potential buyers and sellers. is the major means of exchange in centrally planned economies.

Question

Moses

Business

29 May, 10:34

Barter Multiple Choice entails the exchange of goods for goods. accounts for over 30 percent of the dollar volume of all exchange in the U. S. economy. is used to circumvent the problem of a lack of coincidence of wants among potential buyers and sellers. is the major means of exchange in centrally planned economies.

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Answers (1)

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Lizzy · Answer 1

The correct answer is : entails the exchange of goods for goods

Explanation:

This system is about a way of exchanging things where the participants involved exchange goods or services without the use of a medium for doing it. It happens between two or more parties without the use of money. It is known as the oldest form of commerce.