Here "most respected" mean they were respected by the people? or something else? it's a bit unclear...
There were many banks and each of them could print their own bank notes, but only banks with good repute were the most respected. Their banknotes were widely used by the market.
Yes, respected by society, by the local community, by customers or potential customers, etc. The combination "but only banks with good repute were the most respected" is a bit odd. There is something faintly odd or "off" with a number of sentences from this video.
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Yes, respected by society, by the local community, by customers or potential customers, etc.
The combination "but only banks with good repute were the most respected" is a bit odd. There is something faintly odd or "off" with a number of sentences from this video. This seems more apparent when the sentences are written down. Although the narrator is clearly a native English