If Goods and Financial Markets Are Segmented Across National Borders

question 55

True/False

If goods and financial markets are segmented across national borders but are otherwise efficient, then multinational corporations can reduce their cost of capital through foreign direct investment or through financing from foreign sources or both.

---

Definitions:

Preponderance

The condition of being greater in number, quantity, or importance; often used in legal contexts to describe the standard of proof in civil cases.

Ascendance

The act of rising to a position of dominance or control in various contexts such as social, corporate, or military fields.

Down's Syndrome

A genetic disorder caused by the presence of an extra 21st chromosome, leading to developmental and physical differences.

Cardiovascular Problems

Cardiovascular problems refer to any disease or condition affecting the heart and blood vessels, often related to atherosclerosis or hypertension.