Which is the main problem with the barter system of exchange? Barter:
A) encourages self-interest and selfishness.
B) fosters specialization and division of labor.
C) requires a coincidence of wants.
D) undermines the right to leave property to one's heirs.

Question

Quizplus · Accepted Answer

The main problem with the barter system of exchange is that it requires a coincidence of wants. This means that in order for a transaction to occur, both parties must have something that the other party wants. It can be difficult and time-consuming to find someone who has what you want and wants what you have in return. This results in a less efficient and slower exchange of goods and services. Barter also lacks a common medium of exchange, making it harder to establish prices and value for goods and services.

Which Is the Main Problem with the Barter System of Exchange