What is Barter ?

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Barter is the name of the system where only the companies that are members of the Common Market are able to deal with each other, where the price of goods or services purchased is paid by the goods or services produced.

A company working with Barter System pays the price of goods and services purchased from Barter Market by selling the goods and services it produces or trades to the companies that are members of the system; Likewise, It collects values of the goods and services sold to Barter Market by purchasing the goods and services offered in the Barter Market.

Barter; is a Financial System that can meet the needs of a firm using interest-free Dollar credit, and simultaneously a Commercial System a firm can sell the goods or services it produces.

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