Indian firms are producing components for Boeing fighter jets F15 and F18 and for the Chinook heavy-lift
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Question:
Indian firms are producing components for Boeing fighter jets F15 and F18 and for the Chinook heavy-lift helicopter in India in 2015. The fighter jets and the helicopters are assembled by Boeing in the United States. Many of them will be used domestically in the United States.However, a few of them have been purchased by Canada with a delivery date sometime in 2016.
Explain how Boeing's activities and its transactions affect Indian, Canadian, and the United States GDP in both year 2015 and year 2016. Please explain and support your argument in your own words using appropriate macroeconomic concepts learned so far.
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