Which one of these is a limitation of the barter exchange?
Which one of these is a limitation of the barter exchange?
(a) Lack of double coincidence of wants
(b) Lack of store of value
(c) Lack of common measure of value
(d) All of these
Anurag Pathak Changed status to publish December 15, 2023
Ans – (d)
Explanation:-
Following are the limitations of the barter exchange.
1. Medium of exchange
2. Measure of value
3. Store of value
4. Standard of deferred payments
Anurag Pathak Changed status to publish December 15, 2023
