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Money 2

Money 2 (Question and Answer chapter 7)

QuestionAnswer
What is bartering? Bartering means swapping goods or services that one person has for goods and services another person has
What are some characteristics of money? Some characteristics of money are: Everyone has to except it as payment for goods and services It has to be easy to break down into smaller units It has to be small, light and easy to carry around It has to be easy to recognise
Name some advantages of having a single currency to Ireland. Some advantages of having a single currency to Ireland are: Firms that import or export goods between eurozone countries
Created by: AMh38786
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