With the scale of globalisation today, it would be of unquestionable benefit to have a single world currency. To what extend do you agree or disagree.
Different
countries
have different currencies based on locations, natural resources, and some other aspects. This
differences can be barriers between those Correct determiner usage
These
countries
to do
trading processes. Verb problem
in
Moreover
, considering the scale of globalisation make
the Correct subject-verb agreement
makes
countries
need each others
. To address Change to a singular noun
other
this
problem, some people say that single
world Correct article usage
a single
currency
is needed to remove the barrier. I disagree with the opinion because that means the money is maintained by one
country. This
monopoly can benefit certain groups and different exchange rates for each currency
can lead to problems.
First,
using one
kind of money may lead to monopoly
of certain groups. Those groups can rule the world by Add an article
the monopoly
increase
or Wrong verb form
increasing
decrease
the price of properties. Wrong verb form
decreasing
This
can happen if transactions are private and handled by banks. However
, turning the transaction histories into transparent will solve the distrust problems. For instance
, cryptocurrencies adapt
Correct your spelling
adopt
this
method to earn people's trust. Everyone can see the whole transaction histories
to make sure all transactions are fair.
Fix the agreement mistake
history
Second,
centralizing the currency
means that all countries
must exchange their currencies to
the agreed Change preposition
for
one
. By considering that every country has a different value of currency
compared to the agreed one
, some nations may obtain less exchanged value than others. That will trigger inflation in several countries
, making poor countries
become poorer and otherwise
. For example
, when world
Correct article usage
the world
accept
Change the verb form
accepts
Dollar
as Correct article usage
the Dollar
main
Add an article
the main
currency
, the
developed country like Indonesia will have a big change Correct article usage
a
on
the price of all things, since Change preposition
in
Rupiah
has Correct article usage
the Rupiah
low
Correct article usage
a low
exchaged
value on Correct your spelling
exchanged
exchange
Dollar
.
In conclusion, converting the Correct article usage
the Dollar
wealthies
of all Correct your spelling
wealthiest
countries
into the
Correct article usage
apply
one
main currency
will create some problems like distrust and inflation. Thus
, it is better to keep the currency
like this
time.Submitted by ivannizar on
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task achievement
While you provided a clear stance on the topic, further elaboration on your key points would strengthen your argument. Including more relevant examples and data could also make your essay more convincing.
coherence cohesion
Your ideas are generally clear, but the organization can be improved. Use clear topic sentences in each paragraph and ensure each paragraph flows smoothly from one idea to the next. Transition words and phrases can help achieve this.
coherence cohesion
Revise sentences to ensure grammatical accuracy, especially with verb tenses and word choices. Additionally, avoid repetitive phrases and vary your sentence structures for better readability.
coherence cohesion
The introduction and conclusion are clear and help frame your argument effectively.
task achievement
You've touched on important issues such as the potential for monopoly and inflation, which shows a good understanding of the topic.