Airbus

Airbus and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Airbus: Refers to commercial aircraft produced by Airbus Industry, a government- backed consortium comprising Aerospatiale (France), Daimler (Germany), British Aerospace (United Kingdom), and Construcciones Aeronauticas SA (Spain). Currently Airbus accounts for about one-third of the world market for large commercial jets.