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Finance

  • Jack Harvey
Chapter
Part of the Macmillan Master Series book series

Abstract

It is possible to exchange goods by a direct swap. But barter is rare in advanced economies. Where there is a high degree of specialisation, exchanges must take place quickly and smoothly. Hence we have a ‘go-between’: money.

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Copyright information

© Jack Harvey 1994

Authors and Affiliations

  • Jack Harvey

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