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Intro to Bartertrade

Intro to Bartertrade

How does barter work?

In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.

Why is bartering important?

When people barter, everyone benefits because they receive items or services they need or want. Bartering also has an advantage because even people without money can get something they need. You can save money by bartering.

How do you barter?

Step 1: Figure out what you want to get and what you can give
Step 2: Identify a trading partner. Make a list of people who might have what you want and want what you have
Step 3: Pop the question
Step 4: Work out the details..

What is an example of barter?

An example of barter is bread provided in exchange for butter..