A few days ago
should all ASEAN states share the same currency?
give me a few thoughts on this matter as it is my assignment…
Top 3 Answers
A few days ago
Favorite Answer
no. Diffrent countries have diffrent economic
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A few days ago
Yes and no.
No, because if an economy weakens, the currency tends to weaken, causing people to want to invest in that specific country. It’s an economic balance, so to speak.
Yes, because different currencies are a boundary and an added cost to trade. It costs money to change currency. Europe realized this, and eliminated the different currencies between the countries. This facilitated travel and trade between small countries with a common economic goal.
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A few days ago
no. because all of them grow economically at different rates.
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