Select the correct answer of the following statements
Statement (I): A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company.
Statement (II): A GDR is similar to American Depositary Receipt (ADR).
Statement (III): GDRs are called EDRs when private markets are anempting to obtain euros.

A. Statements (I), (II) and (III) are correct

B. Statements (I) and (II) are correct, but (III) is incorrect

C. Statements (I) and (III) are correct, but (II) is incorrect

D. Statements (II) and (III) are correct, but (I) is incorrect

Answer: Option A