The most popular way for international expansion is for a local firm to acquire foreign companies. Would you seek to acquire a company within the European Union or outside of it? Why? Describe the advantages and disadvantages of the choice you made. Describe the advantages and disadvantages inherent in the option you did not choose. Explain why an MNC may invest funds in a financial market outside its own country. Explain why some financial institutions prefer to provide credit in financial markets outside their own country.