A. Because he didn't have enough money.

　　B. Because the exchange rate of the pound­to­RMB was too

　　high.

　　C. Because he didn't get the letter from the university he

　　had applied for.

　　D. The passage didn't tell us. 答案与解析：D　从本文的第一段来看，作者只说了自己不得不推迟他去英国学习，而且推迟让他很高兴，因为英镑对人民币的汇率正在下降。作者并未提推迟的原因，故选D项。

　　17. What's the meaning of the underlined word“descending”

　　in Paragraph 1?

　　A. Turning down.

　　B. Putting off.

　　C. Falling down.

　　D. Going up. 答案与解析：C　联系上下文语境，可知descending意为下降、下落，而C项falling down也意为下降、下落，故选C项。 18. When the pound­to­RMB exchange rate was 12, Fang Wei

　　would have paid 240,000 yuan for a year's study, now the

　　rate is 9.6, how much can he save if he goes to study in

　　Britain?

　　A. 46,000 yuan.

　　B. 42,800 yuan.

　　C. 41,200 yuan.

　　D. 48,000 yuan. 答案与解析：D　240000－240000× ×9.6＝48000，故选D项。 19. When RMB has a higher value in the currency exchange

　　market, the following are right except that ________.

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