ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
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Transaction for exchanging one form of money to another
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Wire Transfer
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EFTs
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Currency Exchange
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Trade
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Explanation:
Detailed explanation-1: -What is Barter System? When the goods and services of equal value are exchanged between two or more parties without using any form of monetary exchange, this transaction is called the Barter System.
Detailed explanation-2: -Barter is an alternative method of trading where goods and services are exchanged directly for one another without using money as an intermediary. For instance, a farmer may exchange a bushel of wheat for a pair of shoes from a shoemaker.
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