What is the difference between an ADR and a GDR?
What will be an ideal response?
An American depositary receipt (ADR) is used to list shares in the American market. It represents a certain number of original shares issued in the home stock market that are held in custody by a depositary bank. Global depositary receipts (GDRs) are similar to ADRs, but they can be traded on many exchanges in addition to U.S. exchanges.
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In terms of ethical frameworks for reasoning, justice approach is:
A) a method of decision making based on treating all people fairly and consistently B) the degree to which society values personal goals, personal autonomy, privacy over group loyalty, commitments to group norms, involvements in collective activities, social cohesiveness, and intense socialization C) a means of making decisions based on what is the greatest good for the greatest number of people D) a means of making decisions based on the belief that each person has fundamental rights, that should be respected and protected
The main disadvantage of direct investment is that the firm loses access to the market in case the government of that country insists locally purchased goods have domestic content
Indicate whether the statement is true or false