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Currency question.

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Old 12 December 2008, 07:37 PM
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zip106
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Default Currency question.

With the state of currency rates at the moment it got me thinking.
What would happen if there was only one currency in the whole world.
How would it work?
Could it work?

If every country's currency was worth the same as each other, would that mean that we could all buy something manufactured abroad and they would buy our stuff and thus keep all the countries manufacturing different things.

Or am I being stoopid?
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