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A. consumers didn’t want card until stores accepted it
B. merchants wouldn’t accept it until consumers carried it
C. both consumers and merchants are very important
D. it is hard to say which side should take the initial step
22. According to the text, which of the following may be considered as Visa’s violating Antitrust Act?
A. Allowing its member banks to join up with MasterCard.
B. Keeping fees on their debit cards unfairly high.
C. Developing a smart card, sharing information all the while.
D. Sharing the costs of maintaining the networks.
23. Which of the following is NOT true of "smart card"?
A. It was officially issued 1987.
B. It contains an integrated circuit.
C. It could store personal data.
D. It is being developed by both Visa and MasterCard.
24. Why are people reluctant to accept smart cards according to Evans?
A. Because it is too popular.
B. Because it is too inconvenient.
C. Because the chip itself is too expensive.
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