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Question

What do you mean by Barter system?

A
One thing in exchange for another
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B
Things in exchange for money
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C
Things in exchange for gold coins
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D
Things in exchange for metal coins
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Solution

The correct option is A One thing in exchange for another
All regions in the Tamil region did not have similar resources; neither could they produce all types of commodities everywhere. So, trade happened through the barter system. In the barter system, one thing was exchanged for another. It was the most common form of exchange at the time.

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