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Barter

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... barter so they can trade what they are best at making for goods that they need but that someone else is better at making. This seems to be the real source of the division of labor more than a propensity in human nature toward barter. anything to barter in the first place. Barter then becomes a means of getting other goods rather than some innate to barter. What he really seems to demonstrate is that division of labor emerges from the more basic fact that human bartering. Bartering involves equal amounts of value of work or goods on both sides of the transaction. ...



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Sources list for BARTER:

S.M. Huszagh and H.C. Barksdale, "International Barter and Countertrade: An Exploratory Study," Journal of the Academy of Marketing Science, vol. 14, no. 1, 1987.
Globalization

A. Wade, "Playing the Barter Game," U.S. Banker, August 1987.
Globalization

 

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