CIVILIZATION
PHOENICIAN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You trade old video games with your cousin. This is an example of what?
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bartering
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money economy
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colony
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None of the above
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Explanation:
Detailed explanation-1: -In trade, barter (derived from baretor) is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
Detailed explanation-2: -Direct Barter – two or more parties directly trading items or services. Managed Barter or Retail Barter –conducted between small businesses via a locally organized Trade Exchange. More items
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