Portfolio  task  6

           

                       Nowadays, a lot of people like to travel and spend their holidays in other countries, so they need to change their money to other currencies, but it will be easier if we have a global currency and others dislike the idea. In this essay I will discuss the advantage and disadvantage about this topic.

         Firstly, let us start with the advantage. When traveling to other countries, money exchange wouldn’t be a problem so that we can buy staff without having any problem. Another advantage is that you can buy from the internet without being hustled. Another advantage will be that people will not have to travel and leave their families to work for foreign countries and that will end up to have a lot of job opportunities.

        Although there are some advantages, there are also some disadvantages. The first disadvantage is that the big countries will fight for the name and for the place of the main office. For example, America will say that they want the global currency to be the better and France will want it to be the euro so it will end up with a war. Another disadvantage is that all the world will be equal in living level and rich counties will be equal with poor countries. If all people are rich then there will be no inventions and the compares will be broke.

In my opinion the currency should not be one for the whole world because there will be no challenge.