7) American Depositary Receipts represent 7) A) receipts for dollar deposits in foreign banks. B) receipts for the stocks of foreign companies held by banks in the companies’ home country. C) receipts for shares of foreign companies held by U.S. broker-dealers. D) receipts from foreign broker-dealers establishing ownership of foreign stocks.

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7) American Depositary Receipts represent 7) A) receipts for dollar deposits in foreign banks. B) receipts for the stocks of foreign companies held by banks in the companies’ home country. C) receipts for shares of foreign companies held by U.S. broker-dealers. D) receipts from foreign broker-dealers establishing ownership of foreign stocks.

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