Anonymous Anonymous

25-09-2014
Business

Answered

traditional economies do not use ______ as a medium for trade

Verified Answer :

28-08-2015

Traditional economies do not use money or currency as a medium for trade.

Instead, such economies would use barter as the main medium for trade. This means that people would simply exchange goods for goods, without using money.

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01-09-2015

Traditional economies do not use money as a medium for trade.

Before money was even created, they followed the Barter system. But nowadays countries even buy stuff on loan.

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