Barter is the only type of exchange that does not involve monetary exchange.

Name: Barter is the only type of exchange that does not involve monetary exchange.
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Barter is the only type of exchange that does not involve monetary exchange. At the next level are clearing agreements and switch trading which involve the transfer of currency, usually a mutually agreed upon hard currency. All other types of countertrade are based on direct monetary exchange.

Barter Is the Only Type of Exchange That Does Not