As a kid I used to collect and trade stickers with my friends. One day, I wasn’t interested in that anymore and traded my collection for a toy from my older sister. I was quite happy with that ;).
Trading collectible cards from tv cartoon series with friends at school. The exchange would depend on how rare the card was and how much one really wanted it. Looking back I guess most of them were fair exchanges 
All barter trading I did in my early childhood days is trading candies from chocolates … hehehe
Earlier last year I traded a old nintento for a old gameboy.
The two items in the barter transaction were 1) The Nintendo and 2) The Gameboy.
Looking back this was a fair transaction. Both of the Technologies were outdated and it was a trade that was based on user wants and needs at the time.
When I was young I used to trade pokemon cards at school based on the rarity or coolness of the card. Every year there was a new trading card phenomenon but it always had the same basis
Q. 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. Old story as a child. I remember a young kid like me wanted my “diamonds” in exchange for “gold”. What I was bringing was not diamonds, but cheap “glass” with the shape of diamonds. And what I was getting was an assortment of jewelries of all kind. As childs we genuily thought we were exchanging real diamonds and real gold. Years later, I realized some of the jewelry I received was made of real gold! The lesson here : sometimes we attribute value to things based on perception, not fondamental value. The deal was obviously in my favor, although at that time I was making a fair deal.
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Marbles …swapped say 5 cats eyes for a kingy 
Yes…fair trade. I got what I wanted and had an excess of the smaller marbles so I had to move onto bigger and better things
We used to trade food in the cafeteria all the time.
FIAT money ranked pretty low on the totem pole oddly enough. The most valuable thing back then used to be Hot Fries.
Why?
Because a bag of Hot Fries contained at least 100 hot fries.
And since most parents weren’t willing to buy Hot Fries for their kid’s lunches…
You could trade 5 hot fries for a pack of Zebra Cakes!
I suspect it’s because we didn’t have many “spicy” foods back then to choose from, so that made the flavor of Hot Fries a rare commodity.
As a child, I used to horde Pokemon cards. My friends knew this and I would often try to get their Pokemon cards by trading food (usually candy like a Snickers bar for example) for them. It was a pretty decent deal since my parents would give me an allowance to pay for the candy from the local 7-11 down the street. Although I don’t know where my Pokemon cards have ended up now, I was able to gather a large collection of cards. If only I still had my holographic Charizard today.
As many of us did, as I child/young adult I traded a lot of pokemoncard, flippos, etc.
Or on the playground exchanging lollies for lighters.
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?
When i was in school an classmate of mine and I were regularly trading our lunches. We both got what we wanted he got one of my sandwiches and i got few of his cookies.
As a child I always carried apples, oranges and other fruits to school for lunch. Other students would carry chips and cookies. We agreed that one fruit was traded for 3 cookies and one bag of chips was treaded for one fruit. We worked out the “exchange rate” by ourselves. This gave me the ability to get cookies and chips without having to purchase them from the store or without my parents knowing. This barter system served my purposes at the time, looking back I would not make those exchanges today.
I got a huge bag full of plastic balls for the kids to play with in a blow up pool for a slab of chocolate. Fair deal if you ask me!
I have exchanged rare Yu-Gi-Yo cards for toys or other games. I always felt good after my trades and really believed that they were good trades even after some time rethink about them and conclude that they weren’t so good.
As a child, I would trade Pokemon and Yu-Gi-Oh cards with my friends. These exchanges would depend on the perceived value of the cards. Some rare cards would be traded with several less rare cards. In particular, I remember one time I made a trade with another kid who gave me an extremely sought after card in exchange for dozens of my common cards that I had in a binder. The next day he was slamming on my front door demanding that we trade back. I felt that it was indeed a fair trade and we did make a deal that we both agreed on. He was getting so upset that I finally caved and traded back. Looking back, it really wasn’t fair trade and I don’t blame him for getting that upset. If I had to compare the trade from an adult’s point of view it would be like I traded him a bucket of salt for a 12.5kg Gold Bar. As I check the price of that card today, it might as well be made of pure gold 
I noticed the haircut at the beginning as a possible barter trade, which is, of course, a service rather than a physical item. I have frequently traded my services as a carpenter for auto repair, yard work, or other things. Also good to note that items can also be bartered for services.
not exactly a barter, but as a kids we used to use tree leaves as a money, for example me exchanging my 5 oak leaves for another kid’s cookie or something 
a bit inflationary I guess but hey…we were just kids 
As a child
I once bartered a translation of a foreign book in exchange for arranging a car ride for this “translator” to a different city.
This was very fair and worth it to each of us because translating the book was a natural ability for him since he was bilingual, and getting him this ride to another city cost me nothing because the driver was going anyway.
I remember trading Yu-Gi-Oh! cards with my friends, and sometimes I’d have to give a lot more cards than I would receive, to get a better card that goes with my pack. Marbles as well were a big thing in my childhood.
I think all my trades were fair at the time, as I always believed I was getting more valuable cards/marbles than the ones I had.
As a kid, I traded my time to help deliver my friends newspapers on his route. In exchange I received specific hockey cards that I wanted. It was a fair exchange because I did not have enough money to buy lots of cards hoping to get the missing ones I wanted to complete the set.