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Finance & Accounting Essay

Barter and Monetized Systems of Exchange
Second, the use of resources is limited to meeting one’s wants that prevents under- or over-production and wastage, because the market cannot be manipulated and excess value cannot be safely stored for long. Third, since commodities and services are exchanged directly, there are no foreign exchange fluctuation or balance of trade and payment crises. 
Pages: 5 (1250 words), Essay
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