What is barter trade? – InterviewSolution

1.	What is barter trade?
Answer» In ancient and medieval periods, trade was done through barter system. Barter trade means exchange of commodities for commodities without using money, is a medium. For eg. grains in exchange of work done or salt exchanged for oil. But it created the problem of estimating the price of a commodity correctly. As a result, currency started being used.

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