Barter is:A) illegal in the United States.B) an efficient system of exchange.C) most useful when there is much specialization and international trade.D) only possible if money is used as a medium of exchange.E) the direct exchange of goods without the use of money.

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dyisel dela cruz · Accepted Answer

Final Answer : E, Explanation :  Barter is the direct exchange of goods or services between two parties without the use of money. It was a common system of exchange before the invention of money, and still occurs today in some parts of the world. While it can be a useful system, it is not considered as efficient as a monetary system of exchange, which allows for greater specialization and international trade. It is not illegal in the United States.

Barter is:

A) illegal in the United States.
B) an efficient system of exchange.
C) most useful when there is much specialization and international trade.
D) only possible if money is used as a medium of exchange.
E) the direct exchange of goods without the use of money.

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