Pros among governments of replacing national currencies

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Reference no: EM1371953

1) Obviously the use of different national currencies creates a barrier to further growth in international business activity, but what are the pros among companies of replacing national currencies with regional currencies?

2) What are the cons?

3) What are the pros among governments of replacing national currencies with regional currencies?

4) What are the cons?

5) Is a global currency for someday possible? Why or why not?

Reference no: EM1371953

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