Barter is the exchange of goods and services for goods and services without the use of money. It relies on a mutual agreement between the two parties involved in the trade to accept what the other has to offer in exchange for their own goods or services. It is an ancient practice that predates the use of money as a medium of exchange.

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Barter Is

Question 26

Multiple Choice

Barter is

A) the exchange of money for goods and then the exchange of those goods for money.
B) the exchange of money for money,or the exchange of money for stocks and bonds.
C) the exchange of goods and services for goods and services without the use of money.
D) any exchange,with or without the use of money,in which the participants negotiate (or barter) the price of the goods to be exchanged.

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