Assignment:
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.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.