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Barter

3:03

Barter

2:14

Barter System

3:44

Barter - DRIP "MARVELOUS" (Official Video)

3:07

Barter Agreement, EXPLAINED

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Barter system explained

In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral. In most developed countries, barter usually only exists parallel to monetary systems to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable or simply unavailable for conducting commerce.
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    • Economic theory 

    • History 

    • Bartering in business 

    • Tax implications