Economics · Basic Economics

Which of the following is a key feature of the 'Barter system'?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1It relies heavily on commercial banking infrastructure.
2It eliminates the requirement of the double coincidence of wants.
3It is a trade in which goods are exchanged exclusively with the use of digital currency.
4It is a trade in which goods are exchanged directly without the use of money.✓

Correct answer

It is a trade in which goods are exchanged directly without the use of money.

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