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Question
State True or False.
In barter transactions, goods or services are purchased for other goods or services.
State True or False.
In barter transactions, goods or services are purchased for other goods or services. Open in App
Solution
The correct option is A True
The above statement is true as barter system is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange such as money.
The above statement is true as barter system is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange such as money.
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