Answer to Question #210417 in Macroeconomics for Jiggy

Question

Is collusion possible in the Aerospace and Defence manufacturing industry in South Africa?

Answer 1

Yes, collusion is possible in the Aerospace and Defense industry in South Africa. South Africa, a base for Africa’s most excellent defense and military division, with several worldly ambitious military supplies and industrial aerospace corporations. No doubt that South Africa is the most significant market for trade aircraft within Africa with a formation of over Four Hundred aircraft. Yearly earnings of the defense and aerospace industry sum to roughly $2.3B. The defense machinery producers of South African have attained world-class skills in Unmanned Aerial Vehicles (UAVs) construction and production for non-combat and combat purposes. Therefore, the collusion of South Africa’s defense and aerospace enterprises has added to the nation’s economy via the growth and preservation of high-level experimental, architecture, technological and scientific skills and businesses, and excellent design, construction, and production processes. They have acquired great reputations in world trade and the majority of their stock is shipped, gaining the largest of their interests in hard money. South African's defense and aerospace stocks – varying from subsystems to whole systems are observed in duty on practically every landmass.