XX. Answer the following questions. Give the examples to describe your opinion

1.What is barter?

2. When may exchange take the form of barter?

3. When is barter inefficient and frustrating?

4. What are the main functions of money?

5. Why has it become unprofitable to hold wealth in the form of money in recent years?

6. Why is money a perfect means of deferred payments?

7. How does a complex trading organisation operate in a monetary economy?

XXI. Work in pairs. Discuss the importance of this or that form of money

Tip:

XXII. Work in small groups

A) Read the text quickly. Discuss with your mates what sentences cover the introduction, the main part and the conclusion.