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What is one problem that might commonly occur when one is bartering?

User Clive
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2 Answers

1 vote

Answer:Two people have different ideas about the value of an item.

Step-by-step explanation:

User Ranga Vure
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4 votes

The one problem that commonly occurs when bartering is the exchange of a valuable item to a less valuable item.

Explanation

Bartering is a system of trading one product in exchange for another.

Hence, the person who needs a certain item depended on another who is ready to sell the same.

Bartering doesn't involve money transactions.

For example, a woodcutter giving wood to a farmer in return for wheat.

But this system had many disadvantages like lack of need, double coincidence of needs, deferred payments etc.

User Ulf Kristiansen
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