Question: Based on what you have learned so far, take a moment to think about why countries use different currencies. Read the article below. Based on
Based on what you have learned so far, take a moment to think about why countries use different currencies.
Read the article below. Based on the article, what can you infer about the short term implications of moving to a single global eurrency?
Having one single currency will lead to economic convergence, with the weaker and poorer countries caising their performance to the level of the rich nations.
Countries will lose autonomy and the challenges dealing with unique economic landscapes.
Having one single currency will be a secure store of wealth.
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