With the scale of globalization today, it would be of unquestionable benefit to have a single world currency. To what extend do you agree or disagree.
Recent advancements in science and technology, particularly in information technology have made the
world
a global village. It is the need of the hour to have a common currency
,
so that worldwide trade does not face any difficulty. I believe that a single Remove the comma
apply
world
currency
is of utmost importance in the modern world
.
To begin
with, there are a few drawbacks to have
a uniform Wrong verb form
having
currency
on the globe. In current
economic system, the economic condition of a country is indicated by Correct article usage
the current
value
of its Add an article
the value
currency
such
as Indian economy is better than Pakistani as one Indian rupee is equal to almost two Pakistani rupees. So with implementation single Correct quantifier usage
apply
currency
worldwide would diminish this
demarkation. Moreover
, the currency
of each country is the identity of that nation, if a single exchange system is introduced then
identification
of those countries Correct article usage
the identification
lost
.
Add a missing verb
is lost
On the other hand
, there are enormous positives of opting a
uniform Change preposition
for a
currency
. First and foremost, a uniform banking system can work efficiently throughout the world
, for ,example financial institutes do not need to convert currencies for international transactions. Secondly
, it would minimize the discrimination between the economies of poor and rich countries that
could significantly decrease economic and political differences among nations. Correct pronoun usage
which
For instance
, China and the USA have been confornting
each other in a trade war in order to achieve the supremacy of their currencies for the Correct your spelling
confronting
comforting
last
few decades.
In conclusion, I think that even though a single world
currency
can affect national identities, the convenience in global trade and reduction in the economic gap amongst countries are more beneficial.Submitted by drmehmoodahmed33 on
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Task Achievement
Your essay demonstrates a clear understanding of the topic and presents relevant arguments both for and against a single world currency. However, to improve your score, provide a stronger stance and more specific examples to support your points.
Coherence and Cohesion
Your essay has a logical structure with a clear introduction, body, and conclusion. Your ideas are well-developed and your arguments are supported. However, pay attention to using linking words to improve coherence.