In what way does a medium of exchange differ from a barter system?

2 answers:

8 0

The primary difference between barter and currency systems is that a currency system uses an agreed-upon form of paper or coin money as an exchange system rather than directly trading goods and services through bartering.

creativ13 [48]4 years ago

4 0

Mediums of exchange do not require a direct exchange for a commodity.

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