Exchange by barter requires a coincidence of wants.

Name: Exchange by barter requires a coincidence of wants.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bartering involves the exchange of goods or services without the use of money. For a barter to take place, both parties must have a desire for what the other is offering. If either party lacks interest in what the other is offering, the trade cannot take place. This is known as a "coincidence of wants."

Exchange by Barter Requires a Coincidence of Wants