¡¡¡¡1¡¢In ancient times wealth was measured and exchanged in things that could be touched: food, tools, and precious metals and stonesª± Then the barter system was replaced by coins,which still had real value since they were pieces of rare metalª± Coins were followed by fiat money,paper notes that have value only because everyone agrees to accept themª±

¡¡¡¡Today electronic monetary systems are gradually being introduced that will transform money into even less tangible forms,reducing it to a series of “bits and bytes” ,or units of computerized information,going between machines at the speed of lightª± Already,electronic fund transfer allows money to be instantly sent and received by different banks,companies,and countries through computers and telecommunications devicesª±

¡¡¡¡1ª±Which of the following would be the most appropriate title for the passage?

¡¡¡¡Aª±International Banking Policies

¡¡¡¡Bª±The History of Monetary Exchange

¡¡¡¡Cª±The Development of Paper Currencies

¡¡¡¡Dª±Current Problems in the Economy

¡¡¡¡2ª±According to the passage,which of the following was the earliest kind of exchange of wealth?

¡¡¡¡Aª±Bartered goods Bª±Fiat money

¡¡¡¡Cª±Coin currency Dª±Intangible forms

¡¡¡¡3ª±The author mentions food,tools and precious metals and stones together because they are all ª±

¡¡¡¡Aª±useful items Bª±articles of value

¡¡¡¡Cª±difficult things to obtain Dª±material objects

¡¡¡¡4ª±According to the passage,coins once had real value as currency because they ª±

¡¡¡¡Aª±represented a great improvement over barter

¡¡¡¡Bª±permitted easy transportation of wealth

¡¡¡¡Cª±were made of precious metals

¡¡¡¡Dª±could become collector¬ðs items

¡¡¡¡´ð°¸£º1ª±B 2ª±A 3ª±D 4ª±C