A Global currency means each country has their own currency for trade and travels. Some people think that it is a lot easier to make one single global currency. However, others think that it will not help. In this essay I will write about both sides and I will give several examples about my experience and finally I will give my opinion.
To start with, most people believe that making a single global currency is not good for them. One point is not fine is that some countries have some economy issues and have low income from minerals and resources. There is huge difference between many countries about the financial stuff. For example, some countries are very poor, such as, Yemen and Libya. Compared to the UAE and the US if is very difficult to make one single currency between these countries.
One the other side, some people believe that making a single global currency will be its much easier for trade and travel. One point is that it is better that the people they do not have to exchange their money when they are traveling between cities. They think it will make the person who is traveling a lot have and easy life. Also the people who like to between different countries will be helped.
People who want to cross the borders easily, one example is in European they have single currency all across all Europe that is helping the people to have an easy way for traveling.
In conclusion, trade and travel in one single global currency is much easier for most people. But, others think that it is a bad solution. In my opinion, I think making a single currency across the world is better, because it will is allow me to enter any country very easily and also it will help me to trade from any country without exchanging my money.
No comments:
Post a Comment