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  • 11-09-2020
  • Social Studies
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Explain the difference between a middleman trade system and a group trade system.

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  • 11-09-2020

Answer:

The term middleman is an informal word for an intermediary in a transaction or process chain. A middleman will facilitate interaction between parties, typically for a commission or fee while Fourth, when traditional economies do trade, they rely on barter. It can only occur between groups that don't compete.

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