Question : Which of the following is the most problematic and primary difficulty of barter exchanges as against money-based exchanges?
Option 1: Bartered exchanges involve difficulty in preserving value.
Option 2: Barter exchanges may result in an incorrect valuation of the goods transacted.
Option 3: Barter exchanges may be imperfectly divisible.
Option 4: Barter exchanges require a double coincidence of wants.
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Correct Answer: Barter exchanges require a double coincidence of wants.
Solution : The correct option is Barter exchanges require a double coincidence of wants .
The most problematic and primary difficulty of barter exchanges compared to money-based exchanges is the requirement of a double coincidence of wants. In barter, both parties must have something the other wants, creating complexity and inefficiency.
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