Question 2
EasyOriginal questionThe main difficulty of barter is
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
A trade happens only if each side wants what the other has, at the same time.
A weaver who wants rice must find a rice farmer who wants cloth.
- Concept
- Double coincidence of wants
- Typical timeTypical
- 40 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Money and Its Functions, at your own pace.