1.

Which one of these is a limitation of the barter exchangeA. Lack of double coincidnece of wantsB. Lacks of store of valueC. Lack of common measure of valueD. All these

Answer» Correct Answer - D
D. The disadvantages are: 1. Lack of Double Coincidence of Wants 2. Lack of a Common Measure of Value 3. Indivisibility of Certain Goods 4. Difficulty in Storing Value 5. Difficulty in Making Deferred Payments 6. Lack of Specialization.


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