What if the countries of the world adopted one currency? From the perspective of a businessperson, what are the pros and cons of having one world currency? Would digital currency be the best choice if one world currency was selected? Defend your rational for or against one currency and if that currency should be a digital currency or a physical currency.  For more information, review the following resource: Rodek, D. (2023, February 16). Digital currency: The future of your money.Links to an external site. Forbes Advisor.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter5: Currency Derivatives
Section: Chapter Questions
Problem 6QA
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What if the countries of the world adopted one currency? From the perspective of a businessperson, what are the pros and cons of having one world currency? Would digital currency be the best choice if one world currency was selected? Defend your rational for or against one currency and if that currency should be a digital currency or a physical currency. 

For more information, review the following resource:

  • Rodek, D. (2023, February 16). Digital currency: The future of your money.Links to an external site. Forbes Advisor.
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