What is a problem with barter that makes it so difficult to use?
A)Individuals have to produce something to trade with.
B)Barter requires a double coincidence of wants.
C)Barter is very efficient but illegal because it avoids taxation.
D)Barter requires use of only fiat money.
E)Barter omits the store of value role for money.

Question

Quizplus · Accepted Answer

Barter requires a double coincidence of wants, which means that both the person wanting to trade and the person they want to trade with must have something the other wants. This can make it difficult to find viable trade partners and can slow down the trading process. The other options (A, C, D, and E) are not accurate problems with barter.

What Is a Problem with Barter That Makes It So