IF THERE ARE EFFICIENT MARKETS AND NO CROSS-BORDER CONSTRAINTS ON...

58. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
58. If there are efficient markets and no cross-border constraints on the flow of capital, project financing: a. Will be difficult because the lack of restrictions makes lending risky. b. Will not be affected by where that financing is obtained. c. Can only be obtained by the parent and not by the subsidiary. d. Can only be obtained by the subsidiary and not by the parent.