American Depository Receipt (ADRs)represents foreign stocks:

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ADRs represent foreign stocks that are denominated in U.S. dollars and are traded on a U.S. stock exchange or in the over-the-counter market. This allows investors in the United States to invest in foreign companies without having to deal with foreign currencies or exchanges. ADRs are issued by U.S. banks, with each ADR representing a certain number of underlying foreign shares. ADRs are subject to the same disclosure and regulatory requirements as U.S. companies, making them a relatively easy and accessible way for U.S. investors to gain exposure to foreign stocks.

American Depository Receipt (ADRs)represents Foreign Stocks