what would be the effects of a single global currency to overseas filipino workers?
Perhaps there would be problems in remittances... but aside from that, what else?|||People's Court would be cancelled.|||Higher costs (marginal as well as absolute) for goods associated with the country, higher prices for the raw materials as well as labor. Less labor demand, more supply so there will most likely be a spike in unemployment. If the costs go up, supply with most likely decrease and produce a surplus of inventories.
Are you looking for more in-depth analysis? You'd need a good market model.
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