Define medium of exchange. Any item that can be traded for another item.

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19-09-2021
Mathematics

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Define medium of exchange. Any item that can be traded for another item.

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MehakGargJi MehakGargJi · Answer 1 · 2021-09-19T05:47:08+02:00

MehakGargJi MehakGargJi

19-09-2021

Modern currency i. e. Money is a medium of exchange used to exchange for services.
Any item that can be traded for another item was done in older days with the name of barter system.

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