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Facilitating Globalization Through Barter Exchange Sites

By Joanna Walsh


Bartering is an ancient trading system that has maintained its relevance in this modernistic, fast paced society. It originated in a world in which money did not exist but a need to trade in goods and services did. Barter exchange sites offer their users the opportunity to participate in and benefit from this age old practice.

Bartering is still relevant today because of one simple fact. People still need to exchange what they have for the possessions of others without using money or currency. Many people around the world have items that they would like to get rid of that are still valuable to others. These persons are desirous of relieving themselves of these items but would prefer to have them replaced by something that they need or want. This is where the sites come in.

A wide variety of items are traded through these mediums. The nature of these items vary significantly and can range from impressive ones such as parcels of land or houses to seemingly simple items such as trinkets. Despite the nature of the item being traded, traders have full control over their bargaining decisions.

They key to establishing grounds for a good deal is consensus. Both parties must agree mutually that the items being exchanged are equal in value. Without this key feature, which incidentally is the same for face to face transactions of this nature, a deal cannot be made.

Trading can be simple or difficult dependent on the value or uniqueness of the item being put up for trading and the demands of the trader. A trader who has an item that has low global value and demand, will find it difficult to get it traded for something that is valuable and in high demand. A trader who has a very unique and valuable item will find that there are so many offers that the only challenging will be in choosing from among them.

With these sites the geographical and political boundaries that function as barriers to trading are eliminated. The platforms, based on legal agreements with varying states, allow people from different countries to participate in activities on their forums. Of course the inclusion of states depends on the regulations that exist but most states are working towards adjusting their regulations in order to facilitate their citizen's participation in the global economy and this means most states will likely permit participation.

The fact that users come from varying places creates the need for delivery concerns to be met. It is important for traders to factor delivery requirements into all bargains before closing deals. Some sites arrange delivery at a cost while others leave this detail up to the traders.

Without a doubt, these trading platforms play a pivotal role in helping people to engage in bartering practices, and sometimes form long term business relation ships with others around the world. In this capacity, they contribute to the development of a global community that is minimally affected by geographic and political boundaries. They also help to preserve an age old practice that has not outlived its relevance despite the changes that have taken place in the world.




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