If any gifts were exchanged then it was Gods gift of his son to the world, in exchange for mans obedience to the laws of God. Though the gifts of the Magi were no doubt appreciated by Mary and...
The man sold his watch to buy combs. The woman sells her hair to buy a chain for his watch. Both gifts become useless as a result, but both love their gifts anyway because of the self-sacrifice...
In the exposition one typically learns about a character(s), in this case, Della and Jim; the setting: bigger city like New York, early 1900's because of the money references, and it is the day...