The Internet barter system relies heavily on ().
A.the size of barter sties
B.the use of virtual currency
C.the quality of goods or services
D.the location of trading companies
A.the size of barter sties
B.the use of virtual currency
C.the quality of goods or services
D.the location of trading companies
Yet as odd as the MacDonald exchange was, barter is now big business on the Net. This year more than 400000 companies worldwide will exchange some $10 billion worth of goods and services on a growing number of barter sites. These Web sites allow companies to trade products for a virtual currency, which they can use to buy goods from other members. In Iceland, garment- maker Kapusalan sells a third of its output on the booming Vidskiptanetid exchange, earning virtual money that it uses to buy machinery and pay part of employee salaries. The Troc-Services exchange in France offers more than 4600 services, from math lessons to ironing.
This is not a primitive barter system. By creating currencies, the Internet removes a major barrier—what Bob Meyer, publisher of BarterNews, calls "the double coincidence of wants." That is, two parties once not only had to find each other, but also an exchange of goods that both desired. Now, they can price the deal in virtual currency.
Barter also helps firms make use of idle capacity. For example, advertising is "hugely bartered" because many media, particularly on the Web, can supply new ad space at little cost. Moreover, Internet ads don't register in industry-growth statistics, because many exchanges are arranged outside the formal exchanges.
Like eBay, most barter sites allow members to "grade" trading partners for honesty, quality and so on. Barter exchanges can allow firms in countries with hyperinflation or nontradable currencies to enter global trades. Next year, a nonprofit exchange called Quick Lift Two (QL2) plans to open in Nairobi, offering barter deals to 38000 Kenyan farmers in remote areas. Two small planes will deliver the goods. QL2 director Gacii Waciuma says the farmers are excited to be "liberated from corrupt middlemen." For them, barter evokes a bright future, not a precapitalist past.
The word "techies" (Line 4, Para.1) probably refers to those who are ______.
A.afraid of technology
B.skilled in technology
C.ignorant of technology
D.incompetent in technology
According to the passage, coins once had real value as currency because they ______. A. represented a great improvement over barter B. permitted easy transportation of wealth C. were made of precious metals D. could become collector’s items
Another advantage of money is that it is a measure of value, that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal, which would be a difficult and time-consuming task. The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties'desires and preferences. If I am trying to barter fish bananas, for example, a lot would depend on whether the person willing to barter fish for bananas, for example, a lot would depend on whether the person willing to exchange bananas is or not keen on fish.
Thirdly, money acts as a store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a person could save part of his output, since he would be producing nothing complete. Even when a person actually produced a complete product the difficulties would be overwhelming. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on would involve obvious disadvantages-imagine a coal-miner attempting to save enough coal, which of course is his product, to keep him for life. If wealth could not be saved, or only with great difficulty, future needs could not be provided for, or capital accumulated to raise productivity.
Using money as a medium of exchange means that______.
A.you have to sell something in order to buy something
B.you have to buy something in order to sell something
C.you don't have to buy something in order to sell something
D.the seller and the purchaser are the same person
Specialization is encouraged, because people whose output is not a complete product but only a part of one can be paid an amount equivalent to their share of the product.
Another advantage of money is that it is a measure of value. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal.
The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties’ desires and preferences.
Thirdly, money acts as store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a product could save part of his output, since he would be producing nothing complete. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on end would involve obvious disadvantages. If wealth could not be saved, or only with great difficulty, future needs could not be provided.
Using money as a medium of exchange means that_____.
A.you have to sell something in order to buy something
B.you have to buy something in order to sell something
C.you don’t have to buy something in order to sell something
D.the seller and the purchaser are the same person
Specialization is encouraged because_______.A.people can use their money to buy whatever they want
B.people get paid according to their share of the product.
C.people pay great attention to the manufacture of a product
D.people cannot use their money to buy whatever they want
A barter economy is one in which _______.A.value is decided by weight
B.value is decided by number
C.money is used and goods are not exchanged
D.goods are exchanged and money is not used
If one had to save products instead of money, __________.A.this would need years of practice
B.coal, for example, would lose its value
C.they could not be stored for years on end
D.many products would lose their value
How many advantages of money are mentioned in this passage?A.Two
B.Three
C.Four
D.Five
请帮忙给出每个问题的正确答案和分析,谢谢!
In ancient times wealth was measured and exchanged in things that could be touched: food, tools, and precious metals
and stones. Then the barter system was replaced by coins, which still had real value since they were pieces of rare
metal. Coins were followed by fiat money, paper notes that have value only because everyone agrees to accept them.
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 light. Already, electronic fund transfer allows money to be instantly sent and received by different
banks, companies, and countries through computers and telecommunications devices.
Which of the following would be the most appropriate title for the passage?
A. International Banking Policies
B. The History of Monetary Exchange
C. The Development of Paper Currencies
D. Current Problems in the Economy
A.International Banking Policies
B.The History of Monetary Exchange
C.The Development of Paper Currencies
D.Current Problems in the Economy
A.Internet不属于某个国家或组织
B.Internet属于美国
C.Internet属于国际红十字会
D.Internet属于联合国
A.Internet属于美国
B. Internet属于国际红十字会
C. Internet属干联合国
D.Internet不属于某个国家或组织