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Question
Ted trades his crayons with his friend for a dozen baseball cards. This is an example of ___ system.
Ted trades his crayons with his friend for a dozen baseball cards. This is an example of
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Solution
The correct option is B Barter
Barter system refers to the system of exchange of goods without the use of money.
Since Ted is exchanging crayons with baseball cards, it is an example of barter system.
Barter
Barter system refers to the system of exchange of goods without the use of money.
Since Ted is exchanging crayons with baseball cards, it is an example of barter system.
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