Question

barter systems are unique systems of trade because they:
a. require extremely large monetary bases.
b. allow the government to control all trade.
c. use money that has no value on its own.
d. do not involve any kind of currency.

Explanation:

Barter systems are a direct exchange of goods and services between parties without using a standardized medium of exchange (currency).

• Option A is incorrect because barter has no monetary base.
• Option B is incorrect as barter is decentralized, not controlled by governments.
• Option C is incorrect because barter does not use money at all.
• Option D is correct because barter relies on direct trade of goods/services, no currency is involved.

Answer:

D. do not involve any kind of currency.