Barter Exchange: Meaning and Problems of Barter Exchange

Barter Exchange: Meaning and Problems of Barter Exchange! A. Meaning of Barter: 'Direct exchange of goods against goods without use of money is called barter exchange.' Alternatively, economic exchanges without the medium of money are referred to as barter exchanges. An economy based on barter exchange (i.e., exchange of goods for goods) is called C.C. Economy, i.e., commodity for commodity [...]