A farmer in Guyana wishes to exchange rice for a fishing boat, but the boat owner wants cassava instead. This illustrates the problem of barter known as:

Q: How do I try a free CXC Economics question?

Just tap any of the four options on this page — no signup, no card, nothing to install. You'll see the correct answer and a full mark-scheme-style explanation within a second. Each visit shows a fresh randomly-picked question from the live CXC CSEC Economics bank, so you can keep refreshing to try different ones before deciding whether to create a free account for daily access.

Q: Is Kramizo really free for CXC Economics students?

Yes — completely free. Every student gets 45 questions a day on the free plan, across any board and any subject, with no card required and no trial countdown. Kramizo's optional Pro plan removes the daily cap and adds analytics, but the free plan is genuinely free forever. We make money from the small percentage of students who choose to upgrade — not from selling data or ads.

Q: Are the Economics questions aligned to the CXC CSEC syllabus?

Every question is written against the published CXC CSEC Economics syllabus and reviewed for accuracy before being added to the bank. We match the command words (state, describe, explain, evaluate), mark allocations, and difficulty tier you'll see on real CXC past papers. Explanations are written in the style of official examiner mark schemes so students learn exactly what marks are being awarded for.

Question

A farmer in Guyana wishes to exchange rice for a fishing boat, but the boat owner wants cassava instead. This illustrates the problem of barter known as:

Accepted Answer

Lack of double coincidence of wants — Award 1 mark for recognising that barter requires both parties to want what the other offers. C is incorrect because divisibility refers to splitting goods into smaller units. A is incorrect because store of value concerns preserving wealth over time. B is incorrect because portability refers to ease of carrying goods.

Answer

Lack of portability

Answer

Lack of store of value

Answer

Lack of double coincidence of wants

Answer

Lack of divisibility

One real Economics question.No signup. 30 seconds.

One real Economics question.
No signup. 30 seconds.