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Assume that U.S. interest rates are 6%, while British interest rates are 7%. If the international Fisher effect holds and is used to determine the future spot rate, the forecast would reflect an expectation of:
Nazi Tyranny
The authoritarian regime led by Adolf Hitler in Germany from 1933 to 1945, characterized by fascist policies, widespread human rights abuses, and genocide.
Racial Inequality
The unequal treatment or disparities experienced by individuals based on their race, often manifesting in areas like employment, education, healthcare, and justice.
Master Race
A flawed and racist ideology that suggests one particular race is superior to others and destined to rule over them.
Korematsu V. United States
A landmark United States Supreme Court case that upheld the government's internment of Japanese Americans during World War II on the basis of national security.
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