Globalization and one global currency

1. Prepared by: Sabira and Jesica.

2. What does Globalization
mean?
 Interaction
 Integration
Involves:
 Technology communication
 Economy
transportation
 Politics
 culture
infrastructure

3. Definition of 'Currency'
 Form of money
 Exchange for goods and services
 Basis for trade

4. Benefits of a single world
currency
 Transaction costs
 Forex reserves
 Currency risk
 Currency failure
 Current account deficits

5. An ideal currency would be
characterized by three
attributes:
a fixed value
 convertibility
 independent monetary policy

6. Different
countries

8. I want to stimulate the
economy, so I have to
carry on relaxed
currency policy!

9. In order to control
inflation, we must
tight currency!

10. U .S .A !P K! FRANCE
GERMANY
CHINA
U.K.

11. 2.Different countries face different problem
FRANCE
u.k.
U.S.A.
china

12. U.S.A DEBT CRISIS
CHINA INFLATION
(CPI)
GERMANY DEPRESSION
…

14. 3.Costs for different countries are not
the same.
COINS RIGHTS
Which country should own it, how to decide, by war?

17. By jessica, sabira