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प्रश्न
Explain the meaning of barter exchange by giving an example.
What is barter exchange?
संक्षेप में उत्तर
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उत्तर
- The direct exchange of a commodity for another commodity without the use of money is called barter exchange.
- For example, a piece of cloth was exchanged for a given quantity of wheat. A teacher was paid wheat or rice as a payment for his/her services.
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