A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2020 · Q21 Mark
What would not be considered a barter transaction?
Acar repairer undertaking the annual service on a plumber's van in return for the plumber fitting a new sink in the car repairer's kitchen
Bconsumer negotiating with a shopkeeper and buying a pair of trousers at US10 rather than the asking price of US30
Cgraduate student exchanging a set of textbooks for a radio with a student about to start the course
Dtrain company allowing a phone company to advertise on its trains in return for the right to advertise on the phone company's website
✓ Correct answer
B: consumer negotiating with a shopkeeper and buying a pair of trousers at US10 rather than the asking price of US30
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