Get premium membership and access revision papers with marking schemes, video lessons and live classes.

Processing. Please wait.

Advantages of barter system of trade:
a) Poor countries without adequate foreign currencies benefit from it by being able to exchange goods they have for what they do not have.
b) It benefits where money is non-existent.
c) It avoids wastage as demand and supply tend to equate.
d) It promotes interaction hence good relationship.