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Roundabout Trade
Trade involving multiple countries where goods are exported to one country before being re-exported to the final destination.
Double-Coincidence
The situation in a barter economy where two parties each hold an item the other wants, enabling an exact exchange without the need for a medium of exchange.
Commodity Money
Money whose value comes from a commodity of which it is made, such as gold and silver, used historically as a medium of exchange.
Unit Of Account
A standard numerical monetary unit of measurement that provides a consistent way of quoting prices and conducting economic transactions.
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