Transacting business between countries

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Please answer these questions in as much detail and explanation as possible.

1.) Airbus, the European aircraft manufacturer, has strengthened its lead over Boeing for leadership in the global civil aerospace industry by winning more aircraft orders. What is Airbus's nationality, and what is the most daring venture it is currently undertaking? What is Boeing's response to Airbus's global venture?

2.)Given the fact that free trade is the best form of transacting business between countries, why do countries impose trade barriers? What are the major forms of barriers to trade? Explain each barrier fully.

Reference no: EM132997383

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