Asked by Abigail Rodefer on May 12, 2024
Verified
The use of money allows trade to be roundabout.
Roundabout Trade
Trade activities that involve the importing and exporting of goods through intermediate destinations rather than directly between the primary source and final destination.
- Comprehend the function of money in promoting specialization and improving the quality of life.
Verified Answer
BK
Brandon KellyMay 17, 2024
Final Answer :
True
Explanation :
The use of money facilitates indirect trade, allowing individuals to sell goods or services for money and then use that money to purchase other goods or services, making trade more flexible and efficient compared to direct barter.
Learning Objectives
- Comprehend the function of money in promoting specialization and improving the quality of life.