When a NASCAR fan trades their points for a mug by someone they like, this is an exchange.
The points being given are to be used to acquire tangible goods such as merchandise which means that the points have value.
When they are then exchanged for the mugs which also have value, an exchange would have taken place.
In conclusion, this is an exchange.
Find out more on exchanges at https://brainly.com/question/1017101.