One disadvantage of trade by barter is that?
ECONOMICS
JAMB 1991
One disadvantage of trade by barter is that?
- A. people are happier when they exchange the same quantities of goods through the medium of money rather than by barter
- B. the person wishing to buy good X may not have good Y which is what the other wants
- C. one person must always be cheated when trade takes place by barter
- D. it increases the intial cost of producing goods
Correct Answer: B. the person wishing to buy good X may not have good Y which is what the other wants
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