The world has many countries, and between each country there are many trades and travelers. Some of them are tourist and some are business people. I will write in this essay about how the global currency can effect if it was single currency.
Some people argue that trades or travels can be easier if we used a single currency in the world, but others do not agree about this case because if the world used a single currency, the life of business would not goes as normal because it will be no challenges between the traders. Also the people who use to travel to any country they will spend as much as that they use to spend it in their country, so they will not be any kind of opportunity to have better than they have.
Some people they totally agree about a union currency in the world because that can keep the life more easy on many things like for example no need every time exchange any currency when travel to any country. Moreover, the trade will be cheap. Also the economy of each country will be stronger. However single currency can be the weapon in face of those whom trying to make the tax so expensive in each country but with one single currency the world will be save with his economic system.
In conclusion the currency in the world in cannot be single currency because it would cause a lot of economic problems. So the solution to keep everything like trade, travel and lifestyle more normally it should be many currencies and differences on value of it.
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