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Name advantages of currency as a method of trade

Identify advantages of currency method of trade

Answers


John
1. It is not bulky, hence it is comfortable to carry

2. Money it is a store of value or wealth, hence safer than assets that are prone to risk

3. It is easily divisible into smaller units, hence can be used for items of lower value

4. Money is used as a measure of value for both goods and service

5. Generally and mutually acceptable
johnmulu answered the question on March 13, 2017 at 08:44

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