BARTERING

Barter is the ancient method of trading .It does not involves money in the trade because in the barter system goods and services are directly exchanged for other goods or services without using money or medium of exchange . It has a great advantage at the time of the economic or monetary crisis during which there will be a shortage of currency.(Bartercard)For example, if a paddy farmer likes to buy a goat or cattle for his farm he will exchange his paddy with the seller of the cattle to buy it. In simple words, Trading good and services without the use of money is called bartering . The olden civilizations practiced this kind of exchange.