Who developed ADRs and where?
A) J. P. Morgan in the U.S. for a Selfridge's listing.
B) LSE in the UK for Selfridges to list in the U.S.
C) Donald Trump in the U.S.
D) J.F. Kennedy for Cuban listings in the U.S. Morgan developed them for his fellow American, Selfridge, who established Selfridges in London.
Correct Answer:
Verified
Q89: What is the major reason countries control
Q90: Currently most businesses measure
A) the economic impact
Q91: When external equity is used
A) part of
Q92: It is not uncommon for an international
Q93: National policies such as these influence the
Q95: Issuing stocks in foreign markets
A) extends the
Q96: The inclination with debt financing is to
A)
Q97: Critics of 3BL claim that
A) measuring impacts
Q98: There are two basic sources of capital
Q99: ADRs function to
A) eliminate a foreign firm's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents