Which of the following is not an advantage associated with international diversification? a. Net cash flows from sales of products across countries should be more stable than comparable sales if the products were sold in a single country b. The firm may enjoy a lower cost of capital as shareholders and creditors perceive the MNC's risk to be lower C. With international diversification, the MNC is better able to react to trade restrictions imposed by a single government than it is without international diversification. d. The possibility of a liquidity deficiency is less likely than without international diversification, everything else being equal. Hide Feedback Incorrect