currencies

These days, people think that it would be a lot easier to trade in single, global currency. Some people agree by using this method because they think it’s a lot easier for them to use one single currency. However, other people disagree, because they like to depend on other currencies to help them sometimes in stock market rather than having one global currency. In this essay I am going to examine the argument for and against a global currency.

Many people like to depend on one single global currency. They like that when they have or use global currency it’s a lot easier for them to trade with. For example, if a person is going to France and Germany it’s a lot easier for him to trade with, and depend all the time on one currency rather than going to an exchanger all the time and wasting time. Another people, is that some people are confused about different currencies. In other words, it means that a person should carry one global currency which is known in the country which he is going to rather than carrying two currencies which will confuse him.

However, other people disagree with using only one single global currency. They like to use different currencies in order to take the advantage of the currency and then he can sell the currency with high rates to take the advantage rather than using one currency. For example, when a person is going to Germany, he can take euro and dollar because he knows that when buying he is using euro, but with the dollar he will use it as a weapon in order to take very high rates of euro when exchanging dollar.

Finally, some people would use one single currency that will help their life’s instead of other people that like to use different currencies in order to take the advantage of the currency which will help them in their travel