answersLogoWhite

0

Limitation of barter system:Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange,There have some limitation:

1) Desirability

2)Transferability

3)Divisibility

4)Coincidence of demand

5)Problem with valuation

6)Storage problem

7)Carrying problem

User Avatar

Devon Smith

Lvl 13
3y ago

Still curious? Ask our experts.

Chat with our AI personalities

SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
JudyJudy
Simplicity is my specialty.
Chat with Judy
More answers

Limitation of barter system:Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange,There have some limitation:

1) Desirability

2)Transferability

3)Divisibility

4)Coincidence of demand

5)Problem with valuation

6)Storage problem

7)Carrying problem

User Avatar

Wiki User

12y ago
User Avatar

describing limitations on the barter system would be:

1) Desirability

2) Transferability

3)Divisibility

SK (apex)

User Avatar

Wiki User

14y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What are the limitations of the barter system?
Write your answer...
Submit
Still have questions?
magnify glass
imp