Boeing Inc.has criticized The Airbus Company's competitiveness on the grounds that Airbus benefits from
A) import tariffs protecting Airbus in the European market.
B) import quotas protecting Airbus in the European market.
C) lenient environmental standards of European governments.
D) subsidies supplied by European governments.

Question

Quizplus · Accepted Answer

Boeing Inc. has criticized Airbus Company's competitiveness due to the subsidies provided by European governments. This means that the European governments provide financial assistance to Airbus, which enables it to produce aircraft at lower costs and compete better in the market.