daanielsyengo Posted August 13, 2023 Report Share Posted August 13, 2023 We have so many currencies in the world. Almost every country has its currency that they use to buy and sell goods. However, there is a big drawback of having different currencies because when doing international trade, you have to convert your money to that of the country you are buying from. That may lead to loss if your currency is of low value. Having one currency can eliminate trade barriers and losses. Quote Link to comment
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