Chapter 11

I agree completely with Wheelan when he is talking about how our countries economy should be exactly the same as other countries. He relates it back to politics with, "National borders are political demarcations, not economic ones" (244). People get caught up in how we need to protect our country from other countries when in reality we all need to work together and trade with each other to make the economy run smoothly. The question that came through my mind while reading this chapter was why not make the same currency for all countries, wouldn't that make everything more balanced and run even more smooth? I also didn't understand the part of the chapter that talks about fixed exchange rates it seems like more of a problem then it is helping anyone so why do we still have it around?