When the Soviet Union began breaking up in the late 1980s, cigarettes began replacing the ruble as the medium of exchange even though the ruble was legal tender. The cigarettes provide an example of commodity money.

Question

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Cigarettes served as a form of commodity money because they were used as a medium of exchange due to the instability and lack of trust in the ruble during the economic turmoil of the Soviet Union's collapse.

When the Soviet Union Began Breaking Up in the Late