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ADR GDR can be issued

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International Finance and Treasury
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ADR/GDR can be issued

Answer & Solution
Correct Answer: Option A
ADR/GDR can be issued only by listed companies. With the help of ADR, foreign companies can trade in US stock market, through various bank branches. On the other hand, GDR helps foreign companies to trade in any country's stock market other than the US stock market, through ODB's branches. ADR is issued in America while GDR is issued in Europe.
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