Looking independently at each of the economic observations below, indicate the country where an analyst would expect to see a strengthening currency for each observation.

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Expected inflation over next year Short-term (1-month) government rate Expected (forward-looking) GDP growth over next year New national laws have been passed that enable foreign direct investment in real estate/financial companies Current account surplus (deficit) Country Country X Y 2.0% 3.0% Decrease Increase 2.0% 3.3% Yes No 8% -1%