yds reading 2(with sound and questions)

According to the passage, the earliest form of exchanging goods ----.

first appeared in some parts of the Middle East

paved the way for people to become civilized

led to the development of commodities

was confined to trading precious shells and stones

did not involve any form of currency

Correct!

Wrong!

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As it is clearly stated in the passage, ‘the shekel’ ----.

was transformed into Britain’s contemporary pound

precedes the use of shells and stones for bartering

was invented 5,000 years ago in what is now Iraq

was equivalent to the idea of money as we accept it today

first came to be used in place of silver coins

Correct!

Wrong!

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According to the passage, the introduction of banknotes ----.

into Europe took about a thousand years

in China was welcomed by Europeans

gave rise to the development of the banking system in Europe

immediately stopped the use of gold as currency

came long before the circulation of gold and silver coins

Correct!

Wrong!

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One can understand from the passage that ----.

the development of currency as a means of exchanging goods and services owes a lot to many nations of the world

the Iraqi and Chinese contribution to the currency development is relatively less important

the amount of time needed to develop currencies was a lot longer than anticipated

were it not for the European countries, today’s exchange methods could not have developed

every nation today conceptualizes currency matters differently and thus uses different terms to name currency

Correct!

Wrong!

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