American Depository Receipt (ADRs)represent foreign stocks
A)denominated in U.S.dollars that trade on European stock exchanges.
B)denominated in U.S.dollars that trade on a U.S.stock exchange.
C)denominated in a foreign currency that trade on a U.S.stock exchange.
D)non-registered (bearer)securities.

Question

Quizplus · Accepted Answer

American Depository Receipts (ADRs) are denominated in U.S. dollars and traded on a U.S. stock exchange. ADRs represent foreign stocks, but they allow investors to buy and sell those stocks on a U.S. stock exchange without having to deal with foreign currency or foreign market regulations.

American Depository Receipt (ADRs)represent Foreign Stocks