Single Answer MCQ
Q-00015860
In a barter system, what problem does the double coincidence of wants create?
1
It leads to inflation.
2
It restricts trade opportunities.
3
It increases the theft of goods.
4
It eliminates the need for trust.
Answer and Solution
Answer
B. It restricts trade opportunities.
Solution:
The double coincidence of wants restricts trade opportunities because both parties must want what each other has, making it challenging to conduct transactions.
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