Economics · Money and Credit
What is the economic term used for a situation where both economic parties have to simultaneously agree to sell and buy each other's respective commodities?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Liquidity exchange
- 2Double coincidence of wants✓
- 3Surplus marketing
- 4Barter transaction
Correct answer
Double coincidence of wants
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