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WorksheetsFor oR Against- Single Global Currency
Total questions: 13
Worksheet time: 20mins
A Single Global Currency? At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency.
pICK TRUE, FALSE OR NOT GIVEN
A-The British Pound Sterling is currently the dominant global currency
TRUE
FALSE
NOT GIVEN
A Single Global Currency?
Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low.
pICK TRUE, FALSE OR NOT GIVEN
B- One argument for a single global currency is that it will allow countries to easily invest in the economies of developing nations.
TRUE
FALSE
NOT GIVEN
A Single Global Currency?
On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your film and popcorn.
pICK TRUE, FALSE OR NOT GIVEN
C- “Globals” is the name that has been chosen for the future global currency
TRUE
FALSE
NOT GIVEN
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A WORD THAT IS an adjective related to money or funds
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A WORD THAT IS similar to present or now
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A WORD THAT refers to the unit of money a country uses, i.e. Dirham, Dollar, Rial
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A WORD THAT refers to reduction in the value of a country’s money
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
what part of speech is the word advantageous? (a)n noun, adverb or adjective?
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A WORD THAT means the same as product or something than can be sold and bought
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND an adjective THAT means the same as powerful...
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND 2 adjectives which are opposite to one another in the same line (a) WRITE THEM IN THE SAME ORDER IN WHICH THEY APPEAR IN THE TEXT
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency. Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low. On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
fIND A VERB THAT MEANS THE SAME AS depend on..
(a)
At many points in history, there has been a currency which has dominated the fnancial markets, like the U.S. Dollar today. However, there has never been a truly “global” currency. Looking at a current monetary union such as the “Euro” might give us an idea how to create a globally integrated currency.
Many argue that a global currency could make the international market more accessible for countries with developing economies. Other countries would be more willing to invest in developing nations if there was less risk of a rapid currency devaluation. It could also force nations that rely on one primary commodity, such as tourism, manufacturing or natural resources, to save money by making it less advantageous to spend when the income from the commodity is high, and going into debt when the income is low.
On the other hand, there are several advantages in having national currencies. For example, it allows people who live in countries with an unstable currency to keep their life savings in a more stable currency. It would also be diffcult to build a system where all countries could agree on a single organisation that would regulate the currency. This could lead to countries losing the ability to control their national economies. Whether the near future holds an answer to the question of a single global currency or not, it is certainly something that will continue to be researched by economists worldwide. Who knows, perhaps in a decade you will be using a “20 Globals” banknote to pay for your flm and popcorn.
This essay falls in the......................................genre
informative
narrative
descriptive
argumentative
