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Employing the concepts of contagious diffusion,hierarchical diffusion,and barriers to diffusion,briefly comment on the likely diffusion process involved in acceptance of; (a)a new fashion design from Paris; and (b)a new action toy for children.
China
A country in East Asia, known for its long history, diverse culture, and significant influence on global politics and economy.
Currency Exchange Rate
The value of one currency for the purpose of conversion to another, dictating how much one currency is worth in terms of another.
Value Fluctuation Rate
The rate at which the value of an asset or currency rises or falls over a specific period of time.
NAFTA
The North American Free Trade Agreement, which was an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the respective countries.
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