Barter transaction is an exchange of goods for goods, for example a banana for an apple. As a child i was involved in trading with pokemon cards. I wanted a card with a golden foil and in return i offered 5 non-foiled cards, that the person on other side was missing. For me it was a fair exchange, as i got what i wanted and paid for it with the cards that i could give.
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In my primary school there was a lot of A5 binder pages exchanges. The value of the page would be determined by its condition, scarcity and depending on the art presented on the page (mostly carton characters). The good part of these exchanges was that everybody would have their own different favorite artwork and so if you had access to pages that someone else favored you could easily change them for ones more valuable for you.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
-My family is currently involved in a barter transaction where we teach a friend’s child writing and language arts in exchange for Chinese language lessons for our child. Yes, I think it is a fair exchange because it involves approximately the same amount of time and effort.
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I think the most common one for me growing up had to be giving people rides for gas money. They would give me 5 to 10 dollars but probably mostly 5 since gas was not that expensive back the, and I would give them a ride where ever they needed to go. No need for that anymore with uber and lyft…ahh the good ol days when you always knew who you were riding in the car with!
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Barter transaction: beer for car parts.
There used to be some junkyards and cheap salvage yards where you would pick your own parts and then negotiate a cheap price for them. There was never really a hard set price for parts as the scale slid depending on time of day, as well as day of the week. After some time, I picked up that some of them said similar things to me.
The key phrase became the same, “a couple dollars, for beer.”
So, one time I tried an experiment. I needed parts and had limited money so I went with beer. After the pick there came that key phrase, to which I responded, “I have beer.” And so, began to exchange cheap to buy beer for cheap to buy parts.
Greater value was being able to make repairs and keep the car going.
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Once upon a time, when I was very young I’ve traded few balloons for a pocket knife. It wasn’t fair mostly because it was at my brother’s wedding party and those balloons were far from scarce commodity. I still have that pocket knife 
When I was in beauty school, my friends received free haircuts from me and I gained the experience of cutting hair on real “clients”. In my opinion, I got the longer end of the stick because experiences and skills are things that stay with me for life.
In the 90’s I used to trade a lot of magic the gathering cards. Sometimes card for card, sometimes some cards for other cards or specific card. It gives some adrenaline to make a good trade and know what was the market value helps too, in a primitive internet that was not always accessible.
When I was a kid we used to wait at the bus stop trading with certain fad candies and pogs. I think the kids who traded candy for pogs had the instant satisfaction that goes away once you eat all their candy ( they didn’t like to play pogs and thought they we worthless where the kids who took the pogs (like myself) ended up trading it or selling it. I traded a pack of warheads for a Teenage mutant ninja turtle pog. I knew a kid that was a huge fan and traded him the pog for a old Sega game that he had and I really wanted. Definitely not fair for the person with the candy since the two of us go something we can keep for a while and continue to use its value.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
A: I remember one time when I was in high school agreeing to mowing someone’s lawn in exchange for a meal (pizza). I can’t remember if it was lunch or dinner. Anyhow, I thought it was a reasonably fair exchange . It was fair because I knew how much money I would have charged for the service and it was in-line with the cost of the meal.
I traded my musical performance in a production for the promise of a dance performance and a future production that I was putting on. In the end, I moved cities, and didn’t put on a production in the city. In this case, a money transaction would have been better.
In elementary I did a barter transaction with a friend, we swapped lunches. I think it was a fair exchange because we mutually wanted each other’s lunch.
One use of a barter transaction as a child was exchanging candy for another candy. At the time it was fair because, lets say i had a candy i didn’t like as much but the other guy had the candy i really liked and i the candy he really liked so its a fair exchange on both parts, we both got what we wanted from the exchange.
I remember swapping Yu Gi Oh cards for homework answers.
I used to do barter transactions when i was a scout member in our summer camps that we used to do. The exchange usually happens between the teams for food, water and equipment. The main exchange was when i had a lot of wood to make fire but not a single drop of water to drink, so we did the exchange with the tent nearby. It was a good experience since we had no money to buy what we wanted to use.
When I was younger, I bartered a pair of shoes and a t-shirt for a whole skateboard.
At the time, shoes weren’t a problem to me and someone liked my shoes.
I wanted a new skateboard and even though it wasn’t the one I wanted, it did more than I needed it to do.
I feel that I came out on top of that exchange but he also got what he wanted.
Just the other night I traded half of a large froyo for some homemade fried chicken. It was about 8oz of froyo for 3 chicken legs. I was very satisfied with the exchange because I can’t make fried chicken and I can buy froyo very easily.
Describe a barter transaction that you’ve been a part either as a child or adult.
I used to exchange soccer stickers to my friends. I remember there are two albums one was the official and the other was not official. We exchanged stickers between the two albums. The official stickers are interchangeable for 4 or 5 from the not official. But if the sticker official was difficult to get you only can exchange it with money or another original sticker
Trading Hockey cards as a kid. I’m sure there were some unfair trades that went down due to ignorant traders.
I was trading as a child my kinder egg toys between friends when I got the same types for a new one (reaching over 1000 pieces on 3 shelves 
). I felt fair as their value was pretty much the same. I am sure I made more trades later on in my life just cannot remember Good time 