Tuesday, December 11, 2012


Visits to Australia by overseas residents

 

The line graph shows the number of visitors to Australia by overseas residents from 1975 to 2005. The table shows which countries these visitors came from.

 

In 1975 the number of visitors was only 10 MM but the number start to increasing to around 15 MM in 1985. The following ten years until 1995 the number was also increasing sharply till is reached near 20 MM but in the 2005 was also increasing to 30 mm visitors. The highest number of visitors in 1975 was from Japan and the highest in 2005 was also from japan. The lowest number of visitors in 1975 and in 2005 was recorded for China.

 

In Conclusion, There was a steady increase in the number of overseas visitors to Australia in this 30-year period. The percentage increase from the 6 countries in the table was remarkably similar.

 

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Trade and travel would be a lot easier with single global currency


Trade and travel would be a lot easier with single global currency

 

Trade and travel would be a lot easier with a single global currency that we all use, there are also problems with the single currency there are two sides of the argument.

 

First of all, the single currency will be very flexible with the trade, it will be very useful for trade and there will be no exchange rate so what you spend is what you will get. The global currency could make life for a lot of people better even the poor countries also. It is good if the world agrees to establish a single central bank for the world. Finally, of course, there is the view that a single currency would promote international harmony and cooperation. Global currency will be good but of course there is a negative side.

 

On the other hand, a global currency will have a negative side of it the big countries which export a lot will lose the transportation costs related to trading currencies. There will be no change for any country to be on top because there will be on chance for the currency failure and it will make the investment easier. We need only to look at the present (2011-13) euro crisis to see that even the relatively affluent countries of the Eurozone are struggling to share the same currency.

 

In conclusion, the global currency will be very useful for the world but the world will face problems before success