Portfolio task 6

    Nowadays, many people travel from one place to another. So they need to change their currency to what the other country uses. People think that if we have a global currency it will be easier to trade money or travel. But I think it’s very difficult to make one currency for the world. In this essay I will discuss both cases.

Having a single currency would eliminate and problems during paying. Paying system by credit system, chip and pin card, or anything else would be easier because at that time there will be no commission or changes in exchanging money.

 During traveling travelers will not face any difficulty in searching for an exchange office to pay for his goods. The currency is same and he will be relaxed. More over there will be no risk in failing. All of the countries will have the same currency that will not cause any problem in anytime. No sudden events or disasters will fail the currency in a sector or the whole country.

In conclusion I see a global currency as a future ideal but it will not happen in my lifetime. It would make trade and travel much easier but the problems it would cause nowadays would be insurmountable.