To justify the subsidies it has received from European governments, The Airbus Company has used all of the following arguments EXCEPT

a. its subsidies have prevented U.S. aircraft firms from holding a world-wide monopoly.
b. U.S. aircraft firms have benefited from military-sponsored programs of the U.S. government.
c. Airbus' subsidies were totally repaid as the firm realized profits on its aircraft sales.
d. without subsidies to Airbus, Europe would be dependent on the United States as a supplier of aircrafts.


c. Airbus' subsidies were totally repaid as the firm realized profits on its aircraft sales.

Business

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