For a barter or countertrade to be completed, it requires a "double coincidence of wants"

Name: For a barter or countertrade to be completed, it requires a "double coincidence of wants"
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A double coincidence of wants means that both parties involved in the barter or countertrade must want what the other party has to offer. This can be difficult to achieve, which is why bartering and countertrading are not as common as traditional forms of trade involving currency.

For a Barter or Countertrade to Be Completed, It Requires