Barter
From Supply Chain Management Encyclopedia
Line 6: | Line 6: | ||
- | == Advantages and Disadvantages of Using Barter Arrangements <ref> Benefits Of Barter Exchange - Land Fortune Commodity Exchange - http://www.landfortune.co.zw/index.php/trading/josh.html</ref> <ref> The barter system: Pros and cons - MeriNews - http://www.merinews.com/article/the-barter-system-pros-and-cons/15813654.shtml </ref>== | + | == '''Advantages and Disadvantages of Using Barter Arrangements''' <ref> Benefits Of Barter Exchange - Land Fortune Commodity Exchange - http://www.landfortune.co.zw/index.php/trading/josh.html</ref> <ref> The barter system: Pros and cons - MeriNews - http://www.merinews.com/article/the-barter-system-pros-and-cons/15813654.shtml </ref>== |
Revision as of 08:24, 8 July 2014
Russian: Бартер
This word, the “barter” was perhaps the most popular in the first years of the post-communism Russian life. Under conditions of severe or even hyperinflation the domestic barter transactions were very popular if not the most popular transactions in Russia. Indeed, the most simple and, definitely, old of countertrade arrangements is barter which is often regarded as an old-fashioned means of exchange that was superseded because money is far more efficient [1]. After all, in a monetary system an apple grower who needs shoes simply has to find a cobbler. In a pure barter system the apple grower would have to find not just any cobbler but one who happened to want apples at that time. Thus in virtually all civilizations, except the Incas, money came to play an important role.
Advantages and Disadvantages of Using Barter Arrangements [2] [3]
== Advantages and Disadvantages of Using Barter Arrangements [4] [5]==
ADVANTAGES | DISADVANTAGES | ||
Subject of Advantages of Using Barter Arrangements | Comments on Advantages of Using Barter Arrangements | Disadvantages of Using Barter Arrangements | Disadvantages of Using Barter Arrangements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
References
- ↑ Barter – Relevance and Relation to Money: Is barter still relevant in the modern world? // http://projects.exeter.ac.uk/RDavies/arian/barter.html
- ↑ Benefits Of Barter Exchange - Land Fortune Commodity Exchange - http://www.landfortune.co.zw/index.php/trading/josh.html
- ↑ The barter system: Pros and cons - MeriNews - http://www.merinews.com/article/the-barter-system-pros-and-cons/15813654.shtml
- ↑ Benefits Of Barter Exchange - Land Fortune Commodity Exchange - http://www.landfortune.co.zw/index.php/trading/josh.html
- ↑ The barter system: Pros and cons - MeriNews - http://www.merinews.com/article/the-barter-system-pros-and-cons/15813654.shtml