____ refers to exchange of goods for goods
Fill in the blanks:
____ refers to exchange of goods for goods.
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Barter Exchange refers to exchange of goods for goods.
Explanation:-
In the beginning of civilization, human needs were simple and limited. People used to exchange goods with each other to satisfy their wants.
Barter Exchange refers to the exchange of goods for goods.
An economy, where there is a direct barter of goods and services, is called a ‘Barter Economy’ or C-C Economy.
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