Question

Barter is a system of exchange. Which Statement does NOT reflect the

barter system?


1) A system of exchange involving the exchange of goods and services for an establish
medium of exchange currency.

2) The direct exchange of goods for goods

3) A system of indirect production

4) A moneyless system of exchange

Answer 1

1)A system of exchange involving the exchange of goods and service for an establish medium of exchange currency.