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  • 16-02-2021
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what is the similarity between the galleon trade and the barter system?

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Errinamber
Errinamber Errinamber
  • 16-02-2021

Answer:

Barter System vs. Currency System: An Overview

The primary difference between barter and currency systems is that a currency system uses an agreed-upon form of paper or coin money as an exchange system rather than directly trading goods and services through bartering. Both systems have advantages and disadvantages, although currency systems are more widely used in modern economies.

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