Search results
Results from the WOW.Com Content Network
Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods.
Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. However, Benjamin Orlove has shown that while barter occurs through "silent trade" (between strangers), it occurs in commercial ...
3 The silent trade is a myth. 3 comments. Toggle the table of contents. Talk: Silent trade. Add languages. Page contents not supported in other languages. Article; Talk;
What links here; Related changes; Upload file; Special pages; Permanent link; Page information; Cite this page; Get shortened URL; Download QR code
Countertrade also occurs when countries lack sufficient hard currency, or when other types of market trade are impossible.. In 2000, India and Iraq agreed on an "oil for wheat and rice" barter deal, subject to United Nations approval under Article 50 of the UN Persian Gulf War sanctions, that would facilitate 300,000 barrels of oil delivered daily to India at a price of $6.85 a barrel while ...
This open reciprocity is closed off precisely when it is balanced. Thought of in this way, we can see the relationship as a matter of degree, more or less open or closed. Closed reciprocity of gifts is most like market exchange. It is competitive, individualistic and may border on barter. [7]
What links here; Related changes; Upload file; Special pages; Permanent link; Page information; Get shortened URL; Download QR code
[1] [2] Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using credit cards, debit cards, mobile payments, and digital currencies such as bitcoin.