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?

Insurmountable financial problems that we have been trying to cope with, have made us think about going towards a unit

currency

worldwide by which we can bypass the obstacles currently existing in front of us in trading and commerce.

However

, I would say

this

will not be a good idea as it will worsen the

situation

by provoking more economic turbulence. Both sides of the debate as well as some problems expected to arise by

this

decision are explained as follows.

On the other hand

, some economists believe that having a single

currency

trading and

subsequently

will bring about more economic prosperity. Exchanging

money

has served as a barrier in large scale businesses and those involved have always been lodging complaints about the difficulties the exchange process has imposed on them. In every ,trade a certain amount of commission must be put aside and

this

is just the tip of the iceberg, the rate of different currencies against each other fluctuates instantaneously and a mere unexpected alteration would make a huge difference.

On the other hand

, though, I would assert having a unit global

currency

not only would not help international commerce

,

Remove the comma

apply

show examples

but

also

could exacerbate the

situation

as from an economic point of view our

world

is so uneven. Comparing today's economic

situation

of the

world

, we encounter a huge gap whose bridge does not seem possible in short term. Having a single

currency

would worsen the

situation

a

money

laundry could become more accessible for drug dealers and smugglers, not to mention terrorists. Take Europe as an example in which almost all countries are developed and have a satisfactory annual income per capita.

Nonetheless

, the attempt to have a single

currency

at the beginning of the 21st century almost has failed and some countries

such

as the UK have withdrawn recently. Considering the economic homogeneity that exists in Europe, imagine how chaotic the

situation

might get if all countries-including those so-called

third

world

nations whose economics have been getting smaller had the opportunity to use the same global

currency

. As regards problems of having a global

currency

, I would say

this

would be a complete fallthrough as it would fan the flames of large-scale crimes

such

as human trafficking and drug dealing, as felons would have the opportunity to transfer

money

without being questioned. Exchanging process is currently serving as a barrier against

money

laundry and without it, anarchy is inevitable in

money

circulation.

Further

, it is the competition that has been punishing forward our

world

. Having been stuck in

this

unwanted rivalry, countries must put their best foot forward to stabilize their position in the

world

. Undoubtedly. without

this

, a competition we would not come

this

far and we might be still dealing with meeting our rudimentary needs. In conclusion, having a unit global

currency

seems fantastic, it is fanciful though and without meeting some preconditions

such

as reaching universal equity, it is nothing more than bluff for some politicians intending to get under the spotlight.