2. 3. 4. 5. 6. 7. 8. 9. 10. QUESTION 6

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Question 6: Fill in the blank with one suitable word. Write your answers in the numbered blanks provided below. (5 pts) If all countries had the same monetary units, a difficult problem of international trade would be solved. One country’s money is not usually good in (1)___, however, and it is necessary to have a system for (2)___ the currency of the buyer into (3)___ of the seller. Bankers handle this by doing (4)___ is called buying or selling foreign exchange. When an exporter sells his goods to a merchant in a foreign country, he makes (5)___ a bill of exchange for the merchandise. The bill of exchange looks (6)___ a common bank check. The exporter sends this bill to his bank and receives his money. (7)___, the exporter receives payment in his own currency. The exporter’s bank sends the bill of exchange to (8)___ branch bank which notifies the (9)___ who pays the bill in his currency. The branch bank keeps his money and uses it to pay future (10)___ of exchange presented by merchants in that country who have goods to export. Your answers: 1 ………... 6 ………... 2 ………... 7 ………... 3 ………... 8 ………... 4 ………... 9 ………... 5 ………... 10 ………...

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Part III. READING Question 1: Read the passage and choose the correct answer for the following questions. (10pts) History books record that the first film with sound was The Jazz Singer in 1927. But sound films, or “talkies”, did not suddenly appear after years of silent screenings. From the earliest public performance in 1896, films were accompanies by music and sound effects. These were produced by a single pianist, a small band, or a full-scale orchestra; large movie theatres could buy sound-effects machines. Research into sound that was reproduced at exactly the same time as the pictures - called “synchronized sound” - began soon after the very first film were shown. With synchronized sound, characters on the movie screen could sing and speak. As early as 1896, the newly invented gramophone, which played a large disc carrying music and dialogue, was used as a sound system. The biggest disadvantage was that the sound and pictures could become unsynchronized if, for example, the gramophone needle jumped or if the speed of the projector changed. This system was only effective for a single song or dialogue sequence. In the “sound - on - film” system, sounds were recorded as a series of marks on celluloid which could be read by an optical sensor. These signals would be placed on the film alongside the image, guaranteeing synchronization. Short feature films were produced in this way as early as