Question

Which of the following is an example of the barter system?

• A. Matthew wants to exchange his clothes with his twin brother, but he doesn't wish to exchange.
  
• B. Gia pays ninety rupees to a barber for a hair cut.
  
• C. Anurag wants ten packet of chips in exchange for the one chocolate bar that he has, but his friend does not wish the same.
  
• D. Matthew agress to give Anurag his clothes and is happy to receive the chocolate bar in return.

Answer 1

The correct option is D Matthew agress to give Anurag his clothes and is happy to receive the chocolate bar in return.

Barter system requires two groups or two people who are willing to exchange goods. The barter system does not have any exchange of money but an exchange of service or goods.