Bartering is the exchange of goods or services for other goods or services, without money.
Some examples could include:
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We all know about Pepsi, one of the major beverage manufacturers. It swapped the Russian government for the rights to market Stolichnaya vodka in the USA and, in return, they gave the Russian government the rights to market Pepsi products in Russia. No cash changed hands but both parties got a new product and expanded their market share.
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, such as money. It is usually bilateral, but may be multilateral, and usually exists parallel to monetary systems in most developed countries, though to a very limited extent. Barter usually replaces money as the method of exchange in times of monetary crisis, such as when the currency may be either unstable or simply unavailable for conducting commerce. E.g., hyperinflation or deflationary spiral.
find out what the value of the skills is per hour from other professionals--- talk it out, and write it down...
also sign a small contract.
Ie.. massage is $60/hr and mechanics is $75.
massage person can give an extra 15 minutes to the mechanic for every hr he does.
Barter trade is a form of exchange, but without the use of currency. (Example: You could trade someone a pencil for a sheet of paper)
Barter system
Barter
Our class reenacted a silent barter scene.
Yes, the word 'bartering' is the present participle of the verb 'to barter'. The present participle of the verb is a gerund (a verbal noun); for example: Very few people are skilled in the art of bartering.