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Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain. Please do not exceed the word limit,

Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain.

Please do not exceed the word limit, only the first 300 words of your answer will be read and marked for each question.

Multinational banks whose exposure in foreign markets is primarily through subsidiaries may find it easier to exercise an exit option should losses become too high in the event of a major economic crisis; other banks, however, exposed through branches or through direct cross-border lending, as well as through loans to their subsidiaries, may find it walking away from their affiliate far more complicated. (Word limit 300)

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