Which of the following is NOT a limited relevance of commodity money ____________
A. costliness of transaction B. it limits market size C. it hampers specialization D. it is held as a store of wealth
Correct Answer: D
Explanation
Commodity money is quite different from trade by barter. It is the use of commodity accepted in the society as a means of payments e.g. salt, cow, elephant tusk and so on. Some of these commodities, though not all, were held as a store of wealth because they are durable. That they were held as a store of wealth is an advantage.