Post
Topic
Board Economics
Re: What will happen if we use a one currency only?
by
eshkikay
on 15/12/2017, 10:56:49 UTC
which happens if we only use one type of currency is going to disappear the trade market and the trading will disappear,
because we do not have competition or currency benchmark it ..
If we use a one currency for whole world is also not a good idea which has been repeatedly avoided by developed world nation it can take steps to deflate it currency making it cheaper and therefore make it export more appealing to other countries with only one global currency having single currency is not enough to raise a question you also have to state of countries have the right to print their own currency if people of one country can go and buy or sell in another country without any cess or taxes people are free to invest in any country.