What do you think about trade by barter business?

[cherry123]

Do you think it would still be better to have the business of exchanging goods for goods and services for goods. Would it been better than with money. What do you think?

 

[Starmix]

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.

 

[flower]

A trade by barter is a very good business and I think it is a business that is very popular in the olden days.

 

[uptrendfinancialsignal]

Trade by barter is an ancient trading model that is utilised in the olden days to exchange different goods with one another.

 

[eldavis]

This was one of the major means of transaction before the introduction of money. There are actually some limitations to this method though as it can only be done face to face.

 

[Stardom22]

For me I don't see it to be a great exchange system. I really like trading with real money. Barter trade is something that is long gone forgotten I must say.

 

[Niyi Briggs]

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.

 

[Magnus2022]

Trade by barter is outdated and unsuitable for modern society.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.

 

[Heatman]

Do you think it would still be better to have the business of exchanging goods for goods and services for goods. Would it been better than with money. What do you think?

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.

 

[Knowledge Quest]

A trade by barter to me is not a consistent way of getting valuable goods.

 

[cherry123]

I agree with you from the experience in the country now you can't really get your worth with trade by barter I like that money came and was able to replace it.

 

[IB D]

With the way my country is going, we might soon get back to exchange by barter. We can't find our currency in cash. I don't think it is an efficient way to exchange value.

 

[cherry123]

You are right Nigeria have gone back to traditional way of exchange We can't find our currency in cash. I don't know what the government is even doing really appalling