Despite complaints from the United States,the European Union continues to pay subsidies to Airbus,the European aircraft producer.This is called a(n)____.

Question

Quizplus · Accepted Answer

The EU paying subsidies to Airbus is an example of a non-tariff trade barrier, as it creates an unfair advantage for Airbus in the global marketplace. The US has complained about this, but it is not an orderly marketing arrangement or export tariff. A local content rule would refer to a requirement that a certain amount of a product be produced locally in order to be sold in that market, which is not relevant to this situation.

Despite Complaints from the United States,the European Union Continues to Pay