asked 125k views
4 votes
What is bartering

A. The exchange of goods for other goods

B. The exchange of labor for services

2 Answers

1 vote

Answer:

The correct option among the given options in the question is option A, which is, "The exchange of goods for other goods."Bartering is defined as the exchange of goods or services for other goods or services without the use of money or currency. Bartering has been used throughout history as a means of trade, especially before the invention of money and currency.Today, bartering is still used by some people and businesses, especially in situations where cash transactions may be difficult or impossible. Bartering can also be used as a means of reducing costs and saving money.

Step-by-step explanation:

answered
User Jussi Kujala
by
7.9k points
4 votes

Answer:

A. The exchange of goods for other goods

answered
User Neurus
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.