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Questions tagged [optimal-currency-area]

The tag has no usage guidance.

1
vote
0answers
92 views

Why 1000 Rs and 500 Rs not accepted in Bhutan and Nepal? [closed]

In Nepal and Bhutan, Indian rupee is accepted but 500 Rs. And 1000 Rs note is not accepted. Cam there be any specific reason behind this?
8
votes
2answers
1k views

What would happen if the world switched to a single currency?

What would happen if all countries suddenly stopped using local currencies and adopted a global currency (like the Euro, but for everyone)?