Consider a Strategic Trade and Industrial Policies (Boeing vs. Airbus) with Game Theory. The following matrix describes the payoff structure of the game: Airbus Don't Produce Produce Produce-10-10 100,0 Boeing 0,100 0,0 Don't Produce a. Suppose that the European government provides export subsidy of 15 to Airbus. What would the new matrix look like? Please draw the new matrix with updated payoffs. b. How would this char the solution to the game? Find the dominant strategies (if any), and Nash equilibrium in this Game. c. What is the actual outcome of this game? Econ 315 - International Trade Policy Game Kenneth S. Kim Sample Question 2. Consider a Strategic Trade and Industrial Policies (Boeing vs. Airbus) with Game Theory. The following matrix describes the payoff structure of the game. Airbus Don't Produce Produce Produce-10-10 100,0 Bosing Don't Produce 0,100 0,0 a. Suppose that the U.S. government matched European government's export subsidy of 15 to Boeing. What would the new matrix look like? Please draw the new matrix with updated payoffs b. How would this change the solution to the game? Find the dominant strategies (if any), and Nash equilibrium in this Game, c. What is the actual outcome of this game?