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 Form 2 History and Government Online Lessons on Trade

In this lesson, we are going to discuss about the disadvantages of barter trade which include:
a) It may involve bulky goods in the transaction.
b) There may lack double coincidence.
c) Some goods cannot be sub-divided into smaller units.
d) Some goods were perishable.
e) Lack of measures of value; a specific quantity of goods cannot be measured vis-à-vis other goods.

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