Local currency debt is valuable to the foreign subsidiary that has substantial local currency cash inflows from its business activities. It provides a foreign exchange financial hedge. O True O False Internal sources of funds for a foreign subsidiary of a MNE may come from the parent company but not from a sister subsidiary. Funding from sister subsidiaries are considered external funding. O True O False The Eurocurrency market continues to thrive because it is a large international money market relatively free of governmental regulation and interference. O True O False