Economics · Money and Banking
Which of the following is the most problematic and primary difficulty of barter exchanges as against money-based exchanges?
- 1Bartered exchanges involve difficulty in preserving value.
- 2Barter exchanges may result in an incorrect valuation of the goods transacted.
- 3Barter exchanges may be imperfectly divisible.
- 4Barter exchanges require a double coincidence of wants.✓
Correct answer
Barter exchanges require a double coincidence of wants.
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