Question

Airbus Industrie, the European consortium of aircraft manufacturers, buys jet engines from U.S. companies. According to a story in the Wall Street Journal, ''As a result of the weaker dollar, the cost of a major component (jet engines) is declining for Boeing's biggest competitor.'' The implication is that the lower price of engines for Airbus gives it a competitive advantage over Boeing. Will Airbus now be more competitive relative to Boeing? Explain.



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  • CreatedJune 27, 2014
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