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BOEING DOUBLES OUTSOURCING FROM INDIA Three Indian firms are producing components for Boeing fighter jets F15 and F18 and for the Chinook heavy-lift helicopter in

BOEING DOUBLES OUTSOURCING FROM INDIA

Three Indian firms are producing components for Boeing fighter jets F15 and F18 and for the Chinook heavy-lift helicopter in Bangalore, Hyderabad, and other places in India.

Source: The Economic Times, February 17, 2016

1. Explain how Boeing's activities and its transactions affect U.S. and Indian GDP.

2. Explain how the Indian firms' activities and its transactions affect U.S. and Indian GDP.

Source: Parkin/Bade- Macroeconomics: Canada in the Global Environment, 10th edition. Pearson Education Canada.

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