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Collective bargaining units are determined by employees.
Japan
An East Asian island country known for its technological advancements and rich cultural heritage.
China
A country in East Asia, the world's most populous nation, known for its significant influence on global economy, politics, and culture.
Trade Surplus
Occurs when the value of a country’s exports exceeds the value of its imports over a given period.
Absolute Advantage
An economic term referring to the ability of a country, entity, or individual to produce a good or service more efficiently than its competitors using the same resources.
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