Which of the Following Is True of American Depository Receipts

question 22

Multiple Choice

Which of the following is true of American Depository Receipts (ADRs) ?

• A) Investors who buy ADRs have to pay a currency-conversion fee.
• B) There is a minimum purchase requirement for ADRs.
• C) Companies offer ADRs in the U.S. to appeal to mutual funds.
• D) ADRs are listed and traded in London and Luxembourg.

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Definitions:

Reinforcement

The increase in reproductive isolation that often occurs over time in a hybrid zone because natural selection strengthens and increases the number of prezygotic barriers between the two species.

Reproductively Isolated

A state in which two populations cannot successfully interbreed with each other under natural conditions, leading to the emergence of distinct species.

Parental Populations

The original groups or populations of organisms from which offspring or new populations are derived, used in genetic and evolutionary studies.

Sexual Selection

A type of natural selection that occurs when individuals of a species vary in their ability to compete for mates; individuals with reproductive advantages are selected over others of the same sex.