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7. Which sentence below best expresses the essential information in the highlighted sentence in the passage?CorrectIncorrect
8. The word grasped in paragraph 3 is closest in meaning toCorrectIncorrect
9. Look at the four squares, A , B , C and D , which indicate where the following sentence could be added to the passage. Where would the sentence best fit?
However, this was a long, slow process that often developed differently, depending on the individual trader.
Both the Greeks and the Romans minted coins. The Romans called the place where coins were made and stored by the Latin word moneta, the ancestor of the English word money. A Even after coins were developed, however, the world was still a long way away from our current system of money. B Each city made its own coins, with no common way of exchanging one type for another. C Gradually, traders worked out different rates of exchange. DCorrectIncorrect
10. Look at the four squares, A , B , C and D , which indicate where the following sentence could be added to the passage. Where would the sentence best fit?
As trade became an ever more important part of the world economy, people began to use paper money as well as coins.
A Paper money had a lot of advantages: it was lighter and easier to carry. B It was also a lot cheaper to make. C The development of paper money meant that people had grasped the difference between money as a symbol and money as something that was worth only the actual cost of the paper and ink in making a bill. The first known use of paper money was in China, around the year 1300. D The first use of paper money in Europe was in Sweden in the 1600s, a time of extensive international trade and exploration. Because paper money made trade easier and more efficient, its use quickly caught on throughout the world.CorrectIncorrect