Examlex
Indicate which of the following statements is false.
Correlations
A statistical measure that indicates the extent to which two or more variables fluctuate in relation to each other.
ADRs
American Depository Receipts (ADRs) are a type of negotiable security that represents shares in a foreign company and is traded on a local stock exchange but represents a specified number of shares in a foreign corporation.
Foreign Firms
Companies that are based in one country but operate and conduct business in other countries.
EAFE Index
An index that measures the stock market performance of developed markets outside of the United States and Canada.
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