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By ‘trade by barter’, we mean

Economics
JAMB 1978

By ‘trade by barter’, we mean
  • A. Trade done by people in the village
  • B. Exchange of goods for money
  • C. International trade
  • D. Exchange of goods for goods
  • E. The trade of the middle ages
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Correct Answer: Option D
Explanation
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Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709