Final answer:
France reducing its automaker industry reflects an economic contraction, which is a period when the economy and industries shrink and not an expansion, industrial revolution, or directly related to a trade deficit.
Step-by-step explanation:
France has just reduced its automaker industry, which indicates that it has undergone an economic contraction. This term refers to a period in which the economy is shrinking, characterized by a decrease in industrial production, consumer demand, and various economic activities. Economic expansion is the opposite, where the economy grows and industries usually increase their output. Industrial revolution is a term that refers to a historical period of economic change and vast industrial growth, so it is not applicable to the current scenario. Lastly, a trade deficit occurs when a country's imports exceed its exports, which does not directly relate to the size of an industrial sector.