what is preventing every nation from adopting a single universal currency? And wouldn’t the world be a better place if that happened? 977 viewsJanuary 3, 2024 Question91.05K December 27, 2019 0 Comments what is preventing every nation from adopting a single universal currency? And wouldn’t the world be a better place if that happened? In: Economics 6 Answers ActiveNewestOldest Anonymous Posted December 27, 2019 0 Comments Areas have different levels of growth. A universal currency would cause price changes from some areas to affect areas that could not handle it and mess up their local economies. Multiple currencies provide a buffer through the exchange rate. You are viewing 1 out of 6 answers, click here to view all answers. Register or Login
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