American depository receipts (ADRs) :
A) account for nearly half of all U.S. investment in foreign stocks.
B) are used exclusively by foreign investors to buy U.S. stocks.
C) were a popular means for buying foreign stocks before the development of foreign stock markets in the 1980s.
D) are an obsolete form of banking that no longer exists in developed economies.
Correct Answer:
Verified
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A) governments provided
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A)
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Q8: American depository receipts (ADRs) are:
A) stocks issued
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