Multiple Choice
American Depository Receipts (ADRs) are ________.
A) certificates that trade outside the U.S., but represent American companies
B) dollar deposits made by foreign firms doing business in the U.S.
C) certificates that trade in the U.S. and represent a specific number of shares of stock in a non-U.S. company
D) currency deposits made in the United States by non-U.S. firms
Correct Answer:
Verified
Correct Answer:
Verified
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