Tuesday, June 5, 2012

Task #6


Portfolio task #6


                                  Every country these days has a different currency. But maybe there are a few countries who have the same currency. Some people think that making a single global currency is an excellent ideal to work towards. However other people disagree with his statement. I’m going to discuss both statements. There are some advantages and disadvantages about this topic.

                                First of all, there are some benefits of making a single currency. For example, people who travel outside between countries using the same currency will need to exchange the money. Another advantage is the trade between countries will be much easier. For instance, the business does not need to worry about exchange rates. The traveling between countries will be much easier because you just take your money to use it everywhere. The money will be accepted in all countries.

                                On the other hand I believe that it would cause problems today. Many people who get a good salary may find it decreasing. Many countries have a good economy.

                                In conclusion, I think making a single global currency will cause many problems between countries. But the trade and travel will be much easier.

No comments:

Post a Comment