Why US dollar or Euro is common currency of world? Why not Indian Rupee? Economics Assignment Homework Help

timer Asked: May 25th, 2016
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Why US dollar or Euro is common currency of world? Why not Indian Rupee?

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School: UT Austin

Hello, friend here is the complete work

Common currency means stronger currency and more allied nations

This would make it harder for an economic downfall and a devalued dollar. With the more
participants under one currency, the currency is stronger. A common currency would also benefit
NAFTA in a positive way creating a more allied continent. Just like the European countries that
have linked themselves closer together with their successful common currency.

Yes. Both countries are related in more ways than one.

First of all, I would like to point out that the EU is not a failure. The people who run the
organization and spending money are failures. The idea of an economic union between Canada
and the U.S. would be better than the EU.
1. Germany and France actually run the show in the EU. Of cour...

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Thanks, good work

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