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Briefly summarize the most recent two period inflation rates, interest rates, income levels, level of government controls between: (a) the US and the Philippines (b)

Briefly summarize the most recent two period inflation rates, interest rates, income levels, level of government controls between:

(a) the US and the Philippines

(b) the US and China. Discuss the relative levels between the two set of countries solely based on these factors determine the general direction of USDPHP and USDCNY.

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