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Advocard [28]
3 years ago
13

How do mediums of exchange affect trade

History
1 answer:
Rufina [12.5K]3 years ago
3 0

A medium of exchange allows greater efficenency in an economy and also stimulates a rise in overall trading activity. In a barter system, trade between two groups or people can only happen if one party has something the other party really really wants.

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