Bartering is A. a direct trade of goods or services without a medium of exchange. B. a direct trade of goo

Question

Bartering is

A. a direct trade of goods or services without a medium of exchange.

B. a direct trade of goods or services with a medium of exchange.

C. any form of obtaining a good or service.

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MichaelMet 1 month 2022-12-28T22:10:59+00:00 1 Answer 0 views 0

Answer ( 1 )

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    2022-12-28T22:12:55+00:00
    A direct trade of goods or services without a medium of exchange defines what is bartering. The correct option is A.
    Given,
    A. a direct trade of goods or services without a medium of exchange.
    B. a direct trade of goods or services with a medium of exchange.
    C. any form of obtaining a good or service.
    We need to see which option defined what is bartering.

    What is bartering?

    Bartering is the exchange of goods with other goods without using any medium of exchange such as money.
    A. a direct trade of goods or services without a medium of exchange.
    This defines what bartering is.
    B. a direct trade of goods or services with a medium of exchange.
    In bartering, we do not use any medium of exchange.
    This does not define bartering.
    C. any form of obtaining a good or service.
    In bartering, we exchange goods and services not obtained.
    This does not define bartering.
    Thus, a direct trade of goods or services without a medium of exchange defines what is bartering.
    Learn more about bartering here:
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