Thursday 30 July 2020

What is bartering?

Bartering


Bartering is when you trade goods for other goods, both the objects have to be worth the same amount or close to the same amount. Both people have to agree to the trade before it has been done.

Example:you have a doll of and you want to trade this with another specific doll . You find a person with what you want and you ask them to trade. If they agree they will give you the doll and you’ll give them the other doll, but if they disagree with the trade then you won’t go through with trade and you’ll have to find someone else with what you want.

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