The Federal Reserve Board issues American Depository Receipts on many foreign securities.
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Q27: The primary reasons for investing in emerging
Q28: Approximately one-half of the world's exchange-listed companies
Q29: Today, most institutional funds have at least
Q30: In the United States, international investing began
Q31: Portfolio risk reduction was the original motivation
Q33: A sponsored ADR is issued in conjunction
Q34: The first ADRs appeared in the 1950s.
Q35: Closed-end country funds often sell at a
Q36: The two most popular emerging market exposure
Q37: By international convention, a single ADR always
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