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“In the future, there would be a uniform global currency.” Do you agree or disagree?

“In the future, there would be a uniform global currency. ” 7LXM6
During the emergence of human civilization, barter system existed and the concept of currency came later in human life. Initially there was no strict criterion (plural – criteria) about the form of money. Then metal currencies that reflected specific dynasties were minted. Furthermore, the world economy grew and since then, there has been an organized administration for intercontinental trade and commerce. At present each nation has its own currency, valued at international standards. Differences in value of currencies are very evident in the global financial system. Many of us anticipate that in coming years, the world would have started using a uniform medium of exchange. I do not foresee any such possibilities. The main reason to support my stand is the division of world into three groups of countries; developed, developing and underdeveloped. This categorization reflects disparities in the value of currencies in the world economy. Developed nations‘ currencies are valued at higher rates than the other two groups. It is obvious that powerful countries would strongly advocate the present system of differences in international value of currencies. Superpowers would never want to give up their dominance in international trade due to their high valued currency. Moreover, there would be a question of the management of existing currency in global circulation. After all, it is almost impossible to exchange all the money in terms of the value of a new currency. The world economy may undergo a downturn if all the fixed and floating assets are to be valued at single currency. Hence, introduction of homogeneous global currency is not a practical idea. In addition, differences in currency rates have created many employments in the banking sector. Every day, billions are exchanged for global business and countless professional bodies enable this exchange. Moreover increased migration has literally dissolved geographical boundaries between rich and poor nations. Differences in value of currencies are one of the main reasons for migration. If a uniform currency becomes a norm, migration would be discouraged. All in all, the vision of a uniform currency is an implausible hypothesis. Difference in value of currencies is a great economic challenge that is going to fuel worldwide economics forever.
During the emergence of human civilization, barter system existed and the concept of
You use this word too often, consider replacing it with
currency
came later in human life.
Initially
there was no strict criterion (plural
Consider using an m-dash if you do not want to join two words.
–
criteria) about the form of money. Then metal
You use this word too often, consider replacing it with
currencies
that reflected specific dynasties
were minted
.
Furthermore
, the
You use this word too often, consider replacing it with
world
economy grew and since then, there has been an organized administration for intercontinental trade and commerce. At present each nation has its
This phrase/word (depending on the context) can be potentially replaced with :
own
You use this word too often, consider replacing it with
currency
,
You use this word too often, consider replacing it with
valued
at international standards.
You use this word too often, consider replacing it with
Differences
in
You use this word too often, consider replacing it with
value
of
You use this word too often, consider replacing it with
currencies
are
This phrase/word is too simple and can be replaced with:
very
evident in the
You use this word too often, consider replacing it with
global
financial system.
This phrase/word is too simple and can be replaced with:
Many
of us anticipate that in coming years, the
You use this word too often, consider replacing it with
world
would have
This phrase/word (depending on the context) can be potentially replaced with :
started
using a uniform medium of exchange. I do not foresee any such possibilities.

The main reason to support my stand is the division of
You use this word too often, consider replacing it with
world
into three groups of countries; developed, developing and underdeveloped. This categorization reflects disparities in the
You use this word too often, consider replacing it with
value
of
You use this word too often, consider replacing it with
currencies
in the
You use this word too often, consider replacing it with
world
economy. Developed nations‘
You use this word too often, consider replacing it with
currencies
are
You use this word too often, consider replacing it with
valued
at higher rates than the other two groups. It is obvious that powerful countries would
strongly
advocate the present system of
You use this word too often, consider replacing it with
differences
in international
You use this word too often, consider replacing it with
value
of
You use this word too often, consider replacing it with
currencies
. Superpowers would never want to give up their dominance in international trade due to their high
You use this word too often, consider replacing it with
valued
currency.

Moreover
, there would be a question of the management of existing
You use this word too often, consider replacing it with
currency
in
You use this word too often, consider replacing it with
global
circulation.
After all
, it is almost impossible to exchange all the money in terms of the
You use this word too often, consider replacing it with
value
of a new
You use this word too often, consider replacing it with
currency
. The
You use this word too often, consider replacing it with
world
economy may undergo a downturn if all the
This phrase/word (depending on the context) can be potentially replaced with :
fixed
and floating assets are to be
You use this word too often, consider replacing it with
valued
at single
You use this word too often, consider replacing it with
currency
.
Hence
, introduction of homogeneous
You use this word too often, consider replacing it with
global
You use this word too often, consider replacing it with
currency
is not a practical
This phrase/word (depending on the context) can be potentially replaced with :
idea
.

In addition
,
You use this word too often, consider replacing it with
differences
in
You use this word too often, consider replacing it with
currency
rates have created
This phrase/word is too simple and can be replaced with:
many
employments in the banking sector. Every day, billions
are exchanged
for
You use this word too often, consider replacing it with
global
business and countless professional bodies enable this exchange.
Did you forget a comma after a conjunctive/linking adverb?
Moreover
increased migration has
literally
dissolved geographical boundaries between rich and poor nations.
You use this word too often, consider replacing it with
Differences
in
You use this word too often, consider replacing it with
value
of
You use this word too often, consider replacing it with
currencies
are one of the main reasons for migration. If a uniform
You use this word too often, consider replacing it with
currency
becomes a norm, migration would
be discouraged
.

All in all, the vision of a uniform
You use this word too often, consider replacing it with
currency
is an implausible hypothesis.
You use this word too often, consider replacing it with
Difference
in
You use this word too often, consider replacing it with
value
of
You use this word too often, consider replacing it with
currencies
is a great economic challenge
that is
going to fuel worldwide economics forever.
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IELTS essay “In the future, there would be a uniform global currency. ”

Essay
  American English
5 paragraphs
360 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.0
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.5
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
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    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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