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    Bartering is the act of exchanging goods or services for other goods or services without using money. It's a reciprocal, negotiated trade where each party receives something they want or need in exchange for what they're offering. Here are some examples of bartering: A farmer gives a carpenter $1,000 worth of crops in exchange for the carpenter building a fence A computer supplier provides equipment to an internet site Bartering was the primary method of exchange for around 4,000 years before money was invented. It can be beneficial for companies and countries that: Want to conserve cash Want to increase sales Lack hard currency See a mutual benefit in exchanging goods and services Want to move inventory Have excess production capacity

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    ABC

    Bartering is the act of exchanging goods or services for other goods or services without using money. It's a reciprocal, negotiated trade where each party receives something they want or need in exchange for what they're offering. Here are some examples of bartering: A farmer gives a carpenter $1,000 worth of crops in exchange for the carpenter building a fence A computer supplier provides equipment to an internet site Bartering was the primary method of exchange for around 4,000 years before money was invented. It can be beneficial for companies and countries that: Want to conserve cash Want to increase sales Lack hard currency See a mutual benefit in exchanging goods and services Want to move inventory Have excess production capacity

    4 months ago Addison town
    53

    NRI

    Key Takeaways. Bartering is the exchange of goods and services between two or more parties without the use of money. It is the oldest form of commerce. Individuals and companies barter goods and services between each other based on equivalent estimates of prices and goods.

    4 months ago Akhiok