The Textbook Suggests That Real Options May Be Especially Important

The textbook suggests that real options may be especially important for multinational firms. Which of the following observations tend to support this contention?

A) Multinational firms that can exploit the internal corporate market to their advantage tend to have more flexibility than purely domestic firms to alter the economic cash flows generated by their operating assets and preserve profitability.
B) MNEs have to worry less about the actions of competitors than purely domestic companies, so they have more discretion about the timing of foreign projects (they have a much larger window of opportunity) .
C) MNEs wield greater economic and, thus, political power than many of the nations in which they operate, so they are able to expand or abandon foreign projects far more easily than would be the case in a domestic setting without having to worry about how the host government will react.
D) All of the statements above are reasons real options are especially important for MNEs.
E) Only statements a and b are correct.