it's for my debate so any proper answers would be greatly appreciated!
2007-11-26 08:27:25 · 3 answers · asked by icehotktty 1 in Social Science ➔ Economics
it would put a region ie nrth america all on a level playing feild that would be great for mexico it would devistate americas economy and canada would also be hurt the econmic leader in the region would be hurt the econic laggers would become equal with us
2007-12-03 13:55:31 · answer #1 · answered by thetiltster 4 · 0⤊ 0⤋
Your question is ambiguous. The currency of most countries won't cause problems as any country has only a small proportion of world trade. The US dollar could cause problems.
International equivalences would be impossible. A McDonald's worker in Australia gets paid $7.00 an hour whilst the same worker would get paid $4.00 in US. $7.00 Australian buys $6.00 US. The list goes on and on.
2007-12-03 23:05:25 · answer #2 · answered by jemhasb 7 · 0⤊ 0⤋
Do you mean replacing all other currencies ? I would imagine the Euro is about as far as you'd ever get people to agree to. Even the UK refused to be a part of that... Its economics. It would cause some countries to lose money and others to gain. Those who stand to lose money are going to be opposed.
I cannot even imagine the debate for what should go on the Money.
2007-11-26 16:33:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋