What are the main features of barter system? Share with your friends Share 0 Sushrita Das answered this Follow the given link:https://www.meritnation.com/ask-answer/question/what-is-barter-system/environment/2617048 3 View Full Answer Utkarsh Singh answered this Features of Barter System:-The main features of barter system are as under: Barter system is direct exchange of goods and services.It requires the double coincidence of wants. Barter system eliminates the use of money. It generally flourishes among uncivilized and backward communities. It is possible only if the wants of members of a community are very limited.Barter system is possible where the area of exchange is limited. It is possible where the ratio of exchange between two commodities are determined. It is now used in the modern foreign trade because of having good impact on balance of payment of trading countries.Hope this helps!! 20 Prashasti Singh Dahiya answered this 1) double co-incidence of wants2) exchange of goods for goods 2 B Kishan answered this exchange of goods for goods 3 Sanya Kumar answered this Barter system is direct exchange of goods and services.It requires the double coincidence of wants.Barter system eliminates the use of money. 5