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IT
Question Practice

Which of the following statements about the barter system is true?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Geography
Fundamentals of Human Geography
International Trade
Question Bank

Which of the following stateme...

Single Answer MCQ
Q-00087527

Which of the following statements about the barter system is true?

1

It requires a medium of exchange.

2

It allows for immediate exchange without negotiation.

3

It is still commonly used in global trade today.

4

It relies on direct exchange of goods.

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