With the scale of globalisation today, it would be of unquestioned benefit to have a single world currency. To what extent do you agree or disagree with this ?

Globalisation have gain tremendously importance from last two decades. Today, globalisation has reach in each conner of the world, using one currency as a mean of exchange will have great advantage. This easy will argue why it is important to have different currency instead of accepting one currency in trade. Nowadays, trading with another country has increase significantly. That’s why exchange trade with common currency will be of great idea. If there is single currency all over the world, executing orders of import and export will be faster and time saved here can be utilised of different operations of business. For instance, to complete money order for the export between India and Canada using single currency will be simple. However, accepting single currency as a world currency will have significant benefits in globalisation. In argue, having country individual currency is practically greater benefits to the World. Different currency means economy fight between country, in order to gain value of their own currency compare to another. This is because higher money value compare to trading company will unable to generate more profit during the exchange of currency. Even having different currency will open door for innovation to trade in world market by taking advantage of currency exchange. For example, USA inverted new medicine for decease will trade in market any ask for payment in their currency as their currency value is high. Operating with various currencies as per the country will able to grow world as a whole. To conclude, this easy had argued why accepting one currency in world is not great benefit to the earth instead of having individual money. However, having single money note will erase the trading process, neglecting economy growth have tremendous negative effects.