Which of the following is an essential feature of barter system?

It increases social field of an individual

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It is an easy way

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It promotes local market

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It requires double coincidence of wants

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Solution

The correct option is D
It requires double coincidence of wants

It requires double coincidence of wants

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Similar questions

Which of the following is an essential feature of the barter system?

Explain the problem of double coincidence of wants faced under barter system and how has money solved it.

Which of the following features is essential to a barter system?

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