Segmented National Capital Markets Are Limiting Firm's Competitive Advantage in Sourcing

Multiple Choice

Segmented national capital markets are limiting firm's competitive advantage in sourcing capital because

A) there is liquid demand for all securities.
B) the yield on the debt securities are lower than in other mature capital markets.
C) FX risk is eliminated with different industry segmentation.
D) the cost and availability of capital can be constrained by excessive regulatory controls and perceived political risk.