Barter is
A) the direct trade of goods and services for other goods and services.
B) an asset used in purchasing goods and services.
C) the extension of credit to borrowers using funds raised from savers.
D) an equity claim to ownership.
E) a means of channelling funds from savers to borrowers with productive investment opportunities.

Question

Quizplus · Accepted Answer

Barter refers to the direct exchange of goods and services without the use of money or any other medium of exchange. It involves trading one good or service for another, without the need for cash or credit. Therefore, option A is the correct choice.

Barter Is