The cost of converting money from one national currency to another is very high. Moreover, differences in currency value can make market prices unstable, discouraging international trade and travel. A group of countries in Europe has been able to avoid many of these problems by agreeing to use a single form of money: the Euro. Together, these countries, known as the Eurozone, enjoy important benefits that come with sharing a multinational currency.
Most importantly, the Euro keeps regional prices stable. Before the introduction of the Euro, if the local currency in one country rose in value, goods from that country would become much more expensive for neighboring countries as a result. Similarly, if a nation’s currency lost its value, the price of imported items would increase for consumers in that country. With the advent of the Euro, participating countries no longer face that problem. The price of goods between countries cannot suddenly change, because all of the countries are using the same currency.
As a secondary benefit, the Euro’s price stability encourages international trade. Eurozone companies no longer need to worry about sudden loss of profit from changes in the worth of currency. Furthermore, merchants can buy and sell across borders without international transaction fees.
Ultimately, the Euro’s benefits support individual freedom by promoting worker mobility. Before the creation of the Eurozone, European workers had far fewer chances to seek work in neighboring countries. Companies headquartered in what are now the Eurozone nations were reluctant to open international offices because of the instability costs. Workers themselves faced stiff currency conversion fees when they tried to send money home and additional losses if the currency of their paychecks fell in value. Since the creation of a common currency, Eurozone employers have offered individuals more chances to work abroad with minimal financial risk.
The lecture and the reading are both about the benefits of using the Euro as a single form of money in European countries. The author of the article feels that Euro has brought a myriad of benefits to the Eurozone. The lecturer disputes the claims made in the article. Her position is that the reading passage is outdated and talks only about what people expected from the Euro.
According to the reading, Euro enhance the exportation and importation between the European countries by maintaining the goods' prices in the European countries.
The article mentions that before Euro, the prices of goods fluctuated based on the value of the local currency. The lecturer challenges this argument. She claims no notable change in the exports and imports between the Eurozone countries. Additionally, she points out that the Euro does not increase the number of exports and imports between the eurozone countries.
Secondly, the author suggests that the Euro enhances international trade. In the article, it is said that after inventing Euro, the worries about losing profits vanished. The lecturer, however, asserts that the trade is not just between the European countries but also with other countries (United States, Brazil,.... etc.) She says that these countries have different currencies, which means different prices.
Finally, the author posits that the Euro improves worker mobility in the Eurozone. The author contends that with Euro, the workers can send money to their families with no currency conversion fees. In contrast, the lecturer notes that people usually immigrate because of legalization, not currency.
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Comments
Essay evaluations by e-grader
Grammar and spelling errors:
Line 1, column 216, Rule ID: ENGLISH_WORD_REPEAT_BEGINNING_RULE
Message: Three successive sentences begin with the same word. Reword the sentence or use a thesaurus to find a synonym.
...t a myriad of benefits to the Eurozone. The lecturer disputes the claims made in th...
^^^
Line 3, column 32, Rule ID: HE_VERB_AGR[8]
Message: The proper name in singular (Euro) must be used with a third-person verb: 'enhances'.
Suggestion: enhances
...uro. According to the reading, Euro enhance the exportation and importation between...
^^^^^^^
Line 4, column 39, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... The article mentions that before Euro, the prices of goods fluctuated based on ...
^^
Line 6, column 312, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , .
...th other countries United States, Brazil,.... etc. She says that these countries h...
^^
Line 8, column 36, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... Finally, the author posits that the Euro improves worker mobility in the Eur...
^^
Transition Words or Phrases used:
also, but, finally, however, if, second, secondly, so, in contrast
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 5.0 10.4613686534 48% => More to be verbs wanted.
Auxiliary verbs: 1.0 5.04856512141 20% => OK
Conjunction : 6.0 7.30242825607 82% => OK
Relative clauses : 12.0 12.0772626932 99% => OK
Pronoun: 19.0 22.412803532 85% => OK
Preposition: 34.0 30.3222958057 112% => OK
Nominalization: 6.0 5.01324503311 120% => OK
Performance on vocabulary words:
No of characters: 1372.0 1373.03311258 100% => OK
No of words: 256.0 270.72406181 95% => More content wanted.
Chars per words: 5.359375 5.08290768461 105% => OK
Fourth root words length: 4.0 4.04702891845 99% => OK
Word Length SD: 2.60725728062 2.5805825403 101% => OK
Unique words: 137.0 145.348785872 94% => More unique words wanted.
Unique words percentage: 0.53515625 0.540411800872 99% => OK
syllable_count: 414.9 419.366225166 99% => OK
avg_syllables_per_word: 1.6 1.55342163355 103% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 3.25607064018 154% => OK
Article: 13.0 8.23620309051 158% => OK
Subordination: 0.0 1.25165562914 0% => More adverbial clause wanted.
Conjunction: 0.0 1.51434878587 0% => OK
Preposition: 3.0 2.5761589404 116% => OK
Performance on sentences:
How many sentences: 16.0 13.0662251656 122% => OK
Sentence length: 16.0 21.2450331126 75% => The Avg. Sentence Length is relatively short.
Sentence length SD: 30.349462001 49.2860985944 62% => OK
Chars per sentence: 85.75 110.228320801 78% => OK
Words per sentence: 16.0 21.698381199 74% => OK
Discourse Markers: 4.125 7.06452816374 58% => More transition words/phrases wanted.
Paragraphs: 5.0 4.09492273731 122% => OK
Language errors: 5.0 4.19205298013 119% => OK
Sentences with positive sentiment : 5.0 4.33554083885 115% => OK
Sentences with negative sentiment : 6.0 4.45695364238 135% => OK
Sentences with neutral sentiment: 5.0 4.27373068433 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.0929466246693 0.272083759551 34% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0300995570073 0.0996497079465 30% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0345895273535 0.0662205650399 52% => OK
Paragraph topic coherence: 0.0532130672873 0.162205337803 33% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.030335204602 0.0443174109184 68% => OK
Essay readability:
automated_readability_index: 11.8 13.3589403974 88% => Automated_readability_index is low.
flesch_reading_ease: 55.24 53.8541721854 103% => OK
smog_index: 3.1 5.55761589404 56% => Smog_index is low.
flesch_kincaid_grade: 9.5 11.0289183223 86% => OK
coleman_liau_index: 13.51 12.2367328918 110% => OK
dale_chall_readability_score: 8.81 8.42419426049 105% => OK
difficult_words: 71.0 63.6247240618 112% => OK
linsear_write_formula: 7.5 10.7273730684 70% => OK
gunning_fog: 8.4 10.498013245 80% => OK
text_standard: 10.0 11.2008830022 89% => OK
What are above readability scores?
---------------------
It is not exactly right on the topic in the view of e-grader. Maybe there is a wrong essay topic.
Rates: 3.33333333333 out of 100
Scores by essay e-grader: 1.0 Out of 30
---------------------
Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.
Grammar and spelling errors:
Line 1, column 216, Rule ID: ENGLISH_WORD_REPEAT_BEGINNING_RULE
Message: Three successive sentences begin with the same word. Reword the sentence or use a thesaurus to find a synonym.
...t a myriad of benefits to the Eurozone. The lecturer disputes the claims made in th...
^^^
Line 3, column 32, Rule ID: HE_VERB_AGR[8]
Message: The proper name in singular (Euro) must be used with a third-person verb: 'enhances'.
Suggestion: enhances
...uro. According to the reading, Euro enhance the exportation and importation between...
^^^^^^^
Line 4, column 39, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... The article mentions that before Euro, the prices of goods fluctuated based on ...
^^
Line 6, column 312, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , .
...th other countries United States, Brazil,.... etc. She says that these countries h...
^^
Line 8, column 36, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... Finally, the author posits that the Euro improves worker mobility in the Eur...
^^
Transition Words or Phrases used:
also, but, finally, however, if, second, secondly, so, in contrast
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 5.0 10.4613686534 48% => More to be verbs wanted.
Auxiliary verbs: 1.0 5.04856512141 20% => OK
Conjunction : 6.0 7.30242825607 82% => OK
Relative clauses : 12.0 12.0772626932 99% => OK
Pronoun: 19.0 22.412803532 85% => OK
Preposition: 34.0 30.3222958057 112% => OK
Nominalization: 6.0 5.01324503311 120% => OK
Performance on vocabulary words:
No of characters: 1372.0 1373.03311258 100% => OK
No of words: 256.0 270.72406181 95% => More content wanted.
Chars per words: 5.359375 5.08290768461 105% => OK
Fourth root words length: 4.0 4.04702891845 99% => OK
Word Length SD: 2.60725728062 2.5805825403 101% => OK
Unique words: 137.0 145.348785872 94% => More unique words wanted.
Unique words percentage: 0.53515625 0.540411800872 99% => OK
syllable_count: 414.9 419.366225166 99% => OK
avg_syllables_per_word: 1.6 1.55342163355 103% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 3.25607064018 154% => OK
Article: 13.0 8.23620309051 158% => OK
Subordination: 0.0 1.25165562914 0% => More adverbial clause wanted.
Conjunction: 0.0 1.51434878587 0% => OK
Preposition: 3.0 2.5761589404 116% => OK
Performance on sentences:
How many sentences: 16.0 13.0662251656 122% => OK
Sentence length: 16.0 21.2450331126 75% => The Avg. Sentence Length is relatively short.
Sentence length SD: 30.349462001 49.2860985944 62% => OK
Chars per sentence: 85.75 110.228320801 78% => OK
Words per sentence: 16.0 21.698381199 74% => OK
Discourse Markers: 4.125 7.06452816374 58% => More transition words/phrases wanted.
Paragraphs: 5.0 4.09492273731 122% => OK
Language errors: 5.0 4.19205298013 119% => OK
Sentences with positive sentiment : 5.0 4.33554083885 115% => OK
Sentences with negative sentiment : 6.0 4.45695364238 135% => OK
Sentences with neutral sentiment: 5.0 4.27373068433 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.0929466246693 0.272083759551 34% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0300995570073 0.0996497079465 30% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0345895273535 0.0662205650399 52% => OK
Paragraph topic coherence: 0.0532130672873 0.162205337803 33% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.030335204602 0.0443174109184 68% => OK
Essay readability:
automated_readability_index: 11.8 13.3589403974 88% => Automated_readability_index is low.
flesch_reading_ease: 55.24 53.8541721854 103% => OK
smog_index: 3.1 5.55761589404 56% => Smog_index is low.
flesch_kincaid_grade: 9.5 11.0289183223 86% => OK
coleman_liau_index: 13.51 12.2367328918 110% => OK
dale_chall_readability_score: 8.81 8.42419426049 105% => OK
difficult_words: 71.0 63.6247240618 112% => OK
linsear_write_formula: 7.5 10.7273730684 70% => OK
gunning_fog: 8.4 10.498013245 80% => OK
text_standard: 10.0 11.2008830022 89% => OK
What are above readability scores?
---------------------
It is not exactly right on the topic in the view of e-grader. Maybe there is a wrong essay topic.
Rates: 3.33333333333 out of 100
Scores by essay e-grader: 1.0 Out of 30
---------------------
Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.