Abstract
It is possible to exchange goods by a direct swap. But barter, as direct exchange is usually termed, is comparatively rare in the modern world. Consider this advertisement in the Exchange and Mart: ‘Ever Ready battery portable in exchange for any pedigree bitch up to two years.’ The formidable difficulties in the way of such an exchange are obvious.
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© 1991 J. Harvey
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Harvey, J. (1991). Money and the Rate of Interest. In: Intermediate Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-21228-6_22
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DOI: https://doi.org/10.1007/978-1-349-21228-6_22
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54552-2
Online ISBN: 978-1-349-21228-6
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