Question 4. Which of the following will not encourage a MNC to increase the financing of an individual overseas subsidiary by an increasing amount of local debt finance? (1) The host country has a high level of country risk (2) The local currency is expected to appreciate (3) There is a high chance of funds being blocked by the host government A (1),(2) and (3) (2) and (3) (1) and (3) (2) only (3) only