The Subsidies – An Instrument Of Trade Policy.Case Study: The Boeing-Airbus “War”
For decades, the problem of governmental intervention on the markets provoked significant debates, representing even nowadays a controversial matter. A prevailing form of intervention is represented by subsidies. Although subsidies are regularly used by less-developed countries to stimulate exports, they are not forgotten by the advanced economies. From several examples of controversies generated by subsidy use, we examine in this paper “The Boeing-Airbus war”. For a decade, US and EU are accusing each other of “helping” the aircraft producers through governmental funds. We try to see who is right, what are the arguments, and if there will be a winner.
Volume (Year): 9 (2014)
Issue (Month): 3 (December)
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