Advantages of using American Depositary Receipts to participate in foreign markets include
I.lower transaction costs than for direct foreign stock purchases.
II.reduced exposure to foreign exchange risk.
III.dividends are paid in U.S.dollars.
IV.quotations are readily available from U.S.sources such as Yahoo Finance or MSN Money.

Question

Quizplus · Accepted Answer

ADRs offer lower transaction costs than direct foreign stock purchases, reduced exposure to foreign exchange risk, and dividends paid in U.S. dollars.

Advantages of Using American Depositary Receipts to Participate in Foreign