Many people think that trade and travel will be easy with a
global currency that we all use. It might be good for people but isn’t good for
organization and for government. In this essay I will write about that
argument.
On the one hand, a lot of people believe each country must
have its own currency for many reasons. The first reason is that the currency
should belong to the country. Another reason is there are many crises are under
one currency for example, in the EU they are under one currency which is euro. Because
of that some countries can’t hold the tax of getting one currency and get crises
such as Greece and Spain. In the EU some countries are rich and the rest are
poor.
On the other hand, some people think if there is just one
global currency it would be easier to trade and travel. So that people don’t need
to go to an exchange and change the currency and lose some of the money for
profit.
In conclusion, I believe different currencies are good to
avoid the crises and financial problems.
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