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Outline four advantages of barter trade to the society.

Outline four advantages of barter trade to the society.

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gideon
i. It improves social interaction between parties involved
ii. People can access goods / services they are not able to produce
iii. People can be exposed to good cultural practices from other communities
iv. It enhances specialization in the production of goods / services
v. It does not require common medium of exchange for trade to take place
vi. Surplus goods / services can be disposed off through exchange
vii. One may get goods / services required immediately upon exchange unlike in money trade
gideon1 answered the question on November 2, 2017 at 05:08

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