A system of exchange in which goods and services are traded directly for other goods and services is called a(n)______system.

Question

Quizplus · Accepted Answer

A barter system is a system of exchange where goods and services are directly traded without using a medium of exchange such as money. The other answer choices are incorrect: 
A) Mercantile refers to trade, commerce and business. 
B) Exchange can refer to a variety of systems of trade, including those that involve money. 
D) Monetary refers to a system that involves money as the medium of exchange.

A System of Exchange in Which Goods and Services Are