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lack result medium flexibility by in barter money equal with but exchange Historical
lack result medium flexibility by in barter money equal with but exchange Historical
admin
2022-05-21
14
问题
lack result medium flexibility by in
barter money equal with but exchange
Historically, counter trade was mainly conducted in the form of【C1】________, which is a direct exchange of goods of approximately【C2】________value between parties, with no【C3】________involved. Such transactions were the very essence of business at times during which no money—that is, no common medium of【C4】________—existed or was available. Over time, money emerged as a convenient【C5】________that unlinked transactions from individual parties and their joint timing and therefore permitted greater【C6】________in trading activities. Repeatedly, however, we can see returns to the barter system as a【C7】________of environment circumstances. Conditions that encourage such business activities are【C8】________of money, lack of value of or faith【C9】________money, lack of acceptability of money as an exchange medium, or greater ease of transaction【C10】________using goods.
【C10】
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