• anonymous
An Indian merchant meets with a Roman trader and gives him jewels and spices. In exchange for those items, the Roman gives him the same amount in olive oil and figs. What is this situation an example of? Supply and demand, because the Indian merchant is supplying what the Roman trader is demanding. Barter, because the Indian merchant and Roman trader are using goods rather than using money in the transaction. Supply and demand, because the Indian merchant's spices and jewels are more rare than the Roman's olive oil and figs. Barter, because the Indian merchant and Roman trader are making a decision to select certain goods.
  • Stacey Warren - Expert
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
  • jamiebookeater
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  • anonymous
It's barter but I'm not sure which one.. Sorry..

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