... order to give the European Economic Community (EEC) the best advice, several scenarios must be reviewed Airbus decides not to develop the aircraft.
The EEC should do nothing, there is no point in protecting a product that is not being built.
2. If Airbus decides to develop the aircraft, determine if the $700,000,000 savings on airfare are revenue neutral. Will consumers spend this money elsewhere, will they travel more, or will they simply buy foreign goods and services.
If the $700,000,000 is revenue neutral, pass the legislation to protect airbus. Two of the best three outcomes follow this decision. The third best outcome derives from passing the protection after the US does.
If the $700,000,000 co...