Trade and travel would be a lot easier with a single, global currency that we all use. Do you agree or disagree with this statement? Would a single currency cause any problems?

It is clear to me that the idea of a single global
currency
is an excellent
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idea
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ideal
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idea
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to work towards. There can be no doubt that trade and travel would be vastly easier.
On the other
hand
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,hand
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I believe that it would cause
problems
today. The benefits of a single
currency
can be seen with the use in Europe of
the
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apply
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Euro. Whenever you are travelling between
countries
using the Euro, the
problems
of
currency
changing and exchange rates are history.
Similarly
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,Similarly
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business between
countries
using the Euros is so much easier; no more worrying about exchange rate risk and pricing. Everyone‛s money is the same. The same thing is true with the US dollar. Most
countries
do not use the US dollar but it is accepted in many places. There are many
countries
that you can travel to and just take US dollars to use. At
present
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,present
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though a global
currency
would be impossible.
Firstly
most
countries
would not accept the idea.
Secondly
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,Secondly
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all
countries
are in different economic states. Some are economically very strong and some are in a state of collapse with inflation ruining the economy.
Such
countries
could not be brought into a world
currency
as it would cause massive financial instability worldwide. So it is clear that a global
currency
would indeed cause some serious
problems
. So, in
conclusion
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,conclusion
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I see a global
currency
as a future ideal but it will not happen in my lifetime. It would make
trade
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a trade
the trade
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and travel much easier but the
problems
it would cause nowadays would be insurmountable.
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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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Topic Vocabulary:
  • global currency
  • economic interdependence
  • financial autonomy
  • exchange rate
  • monetary policy
  • economic instability
  • international cooperation
  • economic disparity
  • global transactions
  • implementation challenges
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