A disadvantage of the barter system is that
(a) no trade occurs.
(b) people must produce all their own food, clothing, and shelter.
(c) the opportunity to specialize is greatly reduced.
(d) gold is the only unit of account.
Answer: C
A disadvantage of the barter system is that
(a) no trade occurs.
(b) people must produce all their own food, clothing, and shelter.
(c) the opportunity to specialize is greatly reduced.
(d) gold is the only unit of account.
Answer: C
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