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One major problem of barter trade was:

One major problem of barter trade was:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Double coincidence of wants
  • B Government regulation only
  • C Persistent inflation rate
  • D Excess money supply
Correct Answer: Option A
Explanation:
Under barter trade, exchange could only occur when two people each possessed exactly what the other wanted. This difficulty is called double coincidence of wants.

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