Subsidization of aircraft industries in the United States and
Europe has become a competitive situation and very costly
Due to escalation.Therefore, in 1992:
A)the United States and the European Union agreed to merge Boeing, Airbus, and McDonnellDouglas and share
The profits.
B)the United States and the European Union agreed to limit subsidies on aircraft by about 7.5 to 12.5% of the
Production costs.
C)the United States refused to budge because of its heavy defense needs.
D)Airbus needed more help because it is run by a consortium of firms in three European nations.

Question

Subsidization of aircraft industries in the United States and
Europe has become a competitive situation and very costly
Due to escalation.Therefore, in 1992:
A)the United States and the European Union agreed to merge Boeing, Airbus, and McDonnell­Douglas and share
The profits.
B)the United States and the European Union agreed to limit subsidies on aircraft by about 7.5 to 12.5% of the
Production costs.
C)the United States refused to budge because of its heavy defense needs.
D)Airbus needed more help because it is run by a consortium of firms in three European nations.

Quizplus · Accepted Answer

The passage states that subsidization of aircraft industries in the United States and Europe has become costly, so in 1992 the United States and European Union came to an agreement to limit subsidies on aircraft by about 7.5 to 12.5% of the production costs. Therefore, option B is the correct choice. Option A is incorrect because there is no mention of a merger of Boeing, Airbus, and McDonnell-Douglas, and sharing profits. Option C is incorrect because there is no mention of the United States refusing to budge due to heavy defense needs. Option D is incorrect because there is no mention of Airbus needing more help due to being run by a consortium of firms in three European nations.

Subsidization of Aircraft Industries in the United States and