Advantages of Using American Depositary Receipts to Participate in Foreign

question 37

Multiple Choice

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.

• A)I and II only
• B)I and III only
• C)I, II and III only
• D)I, III and IV only.

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Definitions:

Stigmatized Identities

Identities that are devalued or discriminated against in society due to certain characteristics or affiliations.

Lakewood, California

A city in Los Angeles County, California, known for its planned communities and being a post-World War II suburban model.

In-Group Orientation

A preference or bias towards members of one's own group, including the tendency to favor and prioritize the interests of the group to which one belongs.

Gay Rights Activists

Individuals or groups campaigning for the equal rights and fair treatment of the LGBTQ+ community in society.