In general, an MNC's size, its access to international capital markets, and international diversification are unfavorable to an MNC's cost of capital.

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In general, an MNC's size, access to international capital markets, and international diversification are favorable to an MNC's cost of capital as they provide access to a larger pool of capital and opportunities for diversification, leading to lower costs of capital.

In General, an MNC's Size, Its Access to International Capital