Tuesday, December 11, 2012

Portfolio Task 6


Some people travel to other countries for vacation or for business; they use currency exchange companies to change currency. Some people think if there is a global currency it will be easy to buy anything .yes it is good idea as it will help write whet her agree with this Idea .
The first reason I agree with this Idea is the price of currency will be the same for all countries they today, when people travel to other countries they find big differences in price which counter some people’s plans.
Although there are some advantages there are also some disadvantages. The first disadvantage is the different economic states. For example, some countries have very strong economies so they will lose. Another disadvantage is that most countries will not accept the idea because they have a good economy. The last point is that I think the economy will be weak in all countries.
In conclusion, I think having a global currency is not a good idea because some countries have a high economy, and some countries don’t have.

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