Assume that the one-year U.S. Treasury bond rate is 3% and the similar European government bond rate is 5%. Comparing these inflation rates, could it be expected that the dollar will appreciate or depreciate against the euro over the next year? If the spot rate is 1.50 dollars per euro, what would be the forward rate? How do you expect these changes to affect the local, national, and international economies? 1- APA7 2- Two references within the past 5 years. fully accessible with URL, i.e., when clicking on the link, the prof will get to the article right away. 3- It is a discussion Question.
Yet another politically-motivated application of the Espionage and Sedition Acts was the arrest and imprisonment of one of the founding members of the IWW and five-time candidate for president, Eugene V. Debs. In a speech in Canton, Ohio in June 1918 Debs argued that “If war is right let it be declared by the people. You who have your lives to lose ….have the right to decide the momentous issue of war or peace.” Two weeks later, Debs was arrested and sentenced to prison for violating the Espionage and Sedition Acts because, the court said, his speech was “calculated to promote insubordination” and obstruct the draft. Other non-socialist critics of the war like Jane Addams, who in May 1917 asked if the “United States owes too much to all the nations of the earth… to allow the women and children of any of them to starve,” Henry Ford, who had financed a diplomatic peace mission to Europe, University of Chicago Dean Robert M. Lovett and pacifist Reverend Jenkin Lloyd Jones were never arrested. In total, 900 individuals were convicted and 249 immigrants were deported without a trial because of the Espionage and Sedition Acts. The purpose of the Espionage and Sedition Acts was to root out spies and prevent speech that could cause disloyalty and interfere with the war. In truth, however, the Acts disproportionately targeted left wing radical groups, labor leaders and immigrants.. The IWW, which had reached its peak by the summer of 1917, was in disarray after the war because it was forced to devote time and resources to hiring attorneys to bail out members. The Socialist party saw a sharp drop in membership from 82,344 members in 1918 to 34,926 in 1919. Perhaps the most striking evidence that the Espionage and Sedition Acts were biased against socialists was the fact that it continued to be invoked after the war war over in the 1919-1920 Red Scare. Attorney General A. Mitchell Palmer used the Acts to deport hundreds of left wing immigrants with the intention of eradicating socialism from the United States. The Espionage and Sedition Acts went far beyond their intended use. They were invoked to get rid of troublesome labor groups and silence specific individuals, even after the war was over, and gave the government a convenient tool to silence free speech and the press.>GET ANSWER