Question

Which of the following is not a drawback of the barter system?

[0.80 marks]

• A. Lack of common measure of value
• B. Lack of standard for deferred payment
• C. Lack of store of value
• D. Lack of buyers

Answer 1

The correct option is D Lack of buyers

Lack of common measure of value, lack of standard for deferred payment, and lack of store of value are the drawbacks of the barter system while lack of buyers is not a drawback of the barter system.