Trade and Travel Would be a lot Easier with a Single Global Currency IELTS Writing Task 2

Sayantani Barman

Mar 2, 2024

Trade and travel would be a lot easier with a single, global currency that we all use IELTS Writing Task 2 is an essay topic that has 3 sample answers. The topic of the IELTS Writing Task 2 discusses Trade and travel would be a lot easier with a single, global currency that we all use. The candidate has to talk about both views. So, to support the point, proper sentence structure, a grammatically correct approach, and reasonable explanations are necessary.

 IELTS Writing Task 2 includes an introduction, body, & conclusion to assist applicants in achieving a good score in the writing section. Candidates must go through IELTS Writing practice papers to become familiar with a wide range of themes. Trade and travel would be a lot easier with a single, global currency that we all use IELTS Writing Task 2 because the topics are broad.

Check: Get 10 Free IELTS Sample Papers
Check
:
Register for IELTS Coaching - Join for Free Trial Class Now

Topic: Trade and travel would be a lot easier with a single, global currency that we all use. Do you agree or disagree with this statement? Would a single currency cause any problems?

Band 8 IELTS Essay

 It is evident to me that the thought of a single worldwide money is an amazing perfect to work towards. There can be no question that exchange and travel would be unfathomably simpler. On the other hand I accept that it would cause issues nowadays. The benefits of a single money can be seen with the utilise in Europe of the Euro. At whatever point you're voyaging between nations utilising the Euro, the issues of cash changing and trade rates are history. So also trade between nations utilising the Euros is so much simpler; no more stressing almost trade rate hazard and estimating. Everyone's cash is the same. The same thing is true with the US dollar. Most nations don't use the US dollar but it is accepted in numerous places. There are numerous nations that you simply can travel to and fairly take US dollars to Utilise.

At display in spite of the fact that a global currency would be incomprehensible. Firstly most nations would not acknowledge the thought. Besides, all nations are completely different financial states. A few are financially exceptionally solid and a few are in a state of collapse with expansion destroying the economy. Such nations seem not to be brought into a world of cash because it would cause gigantic budgetary flimsiness around the world. 

So it is clear that worldwide money would in fact cause a few genuine issues. So, in conclusion I see a worldwide money as a future perfect but it'll not happen in my lifetime. It would make exchange and travel much simpler but the issues it would cause these days would be inconceivable. 

Band 7.5 IELTS Essay

Within the around the world run, worldwide exchanges in deals as a rule utilise a single worldwide currency. I would contend usually an elective way for the client to purchase something that's easier universally. Be that as it may, a single cash can in some cases trigger a issue, which may be a critical inconsistency in add up to stores.

On the one hand, a few individuals are employing a single worldwide money for exchanging. As we all know, it can be troublesome and time-consuming to utilise worldwide cash since some banks or cardholders put a high level of security on it. For case, worldwide exchanges can utilise a visa or mastercard holder; we got to enter the card's number, expired card date, or perhaps, in expansion, the code verification for the cellular number. In this case, fair envision that on the off chance that you're overseas, it is troublesome to utilise a nearby number, and it'll taken a toll additional to urge the confirmation number. That's the way the security level makes it troublesome to utilize a worldwide cash.

On the other hand, most individuals think it is less demanding to utilize a single worldwide cash for day by day exchanges. In any case, it is impossible to cause an issue. For instance, after the exchange happened and the fee we were required to pay was not cut in real time; maybe another day or following month, stores within the bank will be available. Each day includes a distinctive finance money. Let's say that the following day the cash will increase by 1 dollar. This can be a disparity with the add up to cash we spend. This happens nearly each moment because the money isn't steady, indeed each moment, and the utilisation gets a considered loss.

In conclusion, I completely concur in the event that a single strategy we utilise for exchanges in worldwide money is the perfect way", the most perfect, way indeed on the off chance that it comes about in several add up to losses. 

Band 7 IELTS Essay

Unfavourably monetary issues that we have been attempting to adapt with, have made us think almost going towards a unit currency worldwide by which we will bypass the deterrents as of now existing before us in exchanging and commerce. Be that as it may, I would say this will not be a great thought because it will decline the circumstance by inciting more financial turbulence. Both sides of the talk about as well as a few issues anticipated to emerge by this choice are clarified as takes after.

On the other hand, a few financial analysts accept that having a single cash exchanging and along these lines will bring around more financial prosperity. Trading cash has served as an obstruction in expansive scale businesses and those included have continuously been lodging complaints almost the challenges the trade handle has imposed on them. In each exchange a certain sum of commission must be put aside and usually fair the tip of the ice sheet, the rate of diverse monetary forms against each other varies immediately and a unimportant startling modification would make a gigantic distinction.

On the other hand, in spite of the fact that, I would state having a unit worldwide money not as it were would not offer assistance universal commerce, but moreover seem compound the circumstance as from an economic point of see our world is so uneven. Comparing today's financial circumstances of the world, we encounter a gigantic crevice whose bridge does not seem conceivable in a brief term. Having a single cash would decrease the circumstance that cash clothing seems to be more open for drug merchants and runners, not to specify fear based oppressors. Take Europe as a case in which nearly all nations are created and have a palatable yearly wage per capita. In any case, the endeavour to have a single cash at the starting of the 21st century nearly has fizzled and a few nations such as the UK have pulled back as of late. Considering the financial homogeneity that exists in Europe, envision how chaotic the circumstance might get on the off chance that all countries-including those so-called third world countries whose financial matters have been getting littler had the opportunity to utilize the same worldwide money.

As regards issues of having worldwide cash, I would say this would be a total fallthrough because it would fan the blazes of large-scale wrongdoings such as human trafficking and sedate management, as criminals would have the opportunity to exchange cash without being addressed. Trading handle is right now serving as a boundary against cash clothing and without it, turmoil is inescapable in cash circulation. Assist, it is the competition that has been punishing our world. Having been stuck in this unwanted contention, nations must put their best foot forward to stabilise their position within the world. Undoubtedly. without this , a competition we would not come this far and we could be still managing with assembly our simple needs.

In conclusion, having a unit worldwide money appears phenomenal, it is whimsical in spite of the fact that and without assembly a few preconditions such as coming to universal equity, it is nothing more than feign for a few lawmakers plans to urge beneath the highlight. 

Check – IELTS Writing Samples

*The article might have information for the previous academic years, please refer the official website of the exam.

Comments

No comments to show