QUESTION IMAGE
Question
during ancient egyptian times,
contracts were used that facilitated the
exchange of goods and services. examples
of trade contracts date from prince
hepdefae from the middle kingdom
province of asyut. these contracts were
written on papyrus and served as a legal
recourse to conduct business and trade.
everyday commerce within the egyptian
provinces and interstate trade occurred
during this period because of the contracts
that served as a medium of exchange for
various goods and services.
- from life in ancient egypt, adolf erman
what type of trade is discussed in the
writing?
a bartering
b international
c currency exchange
d medium of
exchange
El intercambio de bienes y servicios sin la utilización de una moneda como medio de intercambio se conoce como trueque. En el texto, se menciona que los contratos "sirvieron como un medio de intercambio para diversos bienes y servicios", lo que sugiere un sistema de trueque.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. bartering