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In a BARTER system, a shoe-maker who needs rice must find a rice-seller who:
AIs willing to barter rice for tea leaves
BNeeds shoes (the double coincidence of wants)
CHas more rice than they themselves can eat
DLives in the same village as the shoe-maker
Answer & Solution
Correct answer: B. Needs shoes (the double coincidence of wants)
Barter requires DOUBLE COINCIDENCE OF WANTS: the shoe-maker must find a rice-seller who needs shoes AND wants to trade rice for them. Money removes this need.
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