The Table Below Uses Data for the Year 2003 Provided

question 159

Essay

The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table.
$\begin{array}{|l|l|l|l|l|l|l|}\hline&&&&&&\text { Labor-Force }\\&\text {Aduilt}&\text {Labor}&&&\text { Unemployment}&\text { Patticipation }\\\text { Courtry }&\text { Population }&\text {Force }&\text {Employed}&\text { Unemployed}&\text { Rate }&\text {Rate }\\\hline \text { Japan } & 109,474 & & 62,510 & 3,500 & & \\\hline \text { France } & & 26,870 & & 2,577 & & 57.41 \\\hline \text { Germany } & 70,159 & 39,591 & && 9.69 & \\\hline\end{array}$

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Definitions:

Specialization

The process in which individuals or entities focus on a narrow area of expertise or production, leading to increased efficiency and productivity.

Absolute Advantage

Absolute advantage refers to the ability of a country, company, or individual to produce a good or service more efficiently than competitors, using the same amount of resources.

Trade

The trading of goods, services, or a combination of both among two or more entities, domestically or across borders.

Comparative Advantage

The capability of a person, business, or nation to manufacture a product or provide a service with a smaller opportunity cost compared to rivals.