Which of the following statements is true or false about barter trade? Highlight your answer against each statement.
Statement Advantage Disadvantage
i) Encourages production of quality goods and services.
ii) Leads to development of monopolies.
iii) Results into increase of goods and services.
iv) Helps to correct balance of payment deficits.
v) Helps to protect local or infant industries.
vi) Reduces the volume of international trade.