Q..What are the advantages of Barter System? (a) Simple System (b) More Mutual Co-operation (c) No Economic Disparities (d) All the above
The advantages of barter system are, the system is simple, there are no complexities involved unlike monetary system, natural resources will not be overexploited, power will not be concentrated in some circles, there won't be problems of balance of payments crisis, foreign exchange crisis, or other complex problems of ...