What do you think about trade by barter business?
- Thread starter cherry123
- Start date
I think it depends on the passion of the entrepreneur for what he refers money or good exchanges. On the other hand, it is also exciting to sell products that are exchanged from other countries. It is also risky because it requires a permit to exchange or batter goods.
Trade by barter is an ancient trading model that is utilised in the olden days to exchange different goods with one another.
Trade by barter was and would always be an imbalanced means of exchanging value. It could have made trade difficult of it was still in existence till today.
Trade by barter is outdated and unsuitable for modern society. Secondly, it can't be convenient in our fast paced economy. Trade by barter is time consuming and involves a lot of negotiation. I doubt the possibility of trade by barter working in this our modern business world.
I'm not sure if any country is still recognising trade by barter but after what happened in my country recently with the scarcity of our new currency notes, I started thinking that at one point people will start to use trade by barter in this country for them to survive.
A trade by barter to me is not a consistent way of getting valuable goods.
