MCQOPTIONS
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| 1. |
Level 1 is the most basic type of ADR where the foreign company |
| A. | Wishes its ADR to be listed on the U.S. exchanges alone. |
| B. | Does not wish its ADR to be listed on an exchange. |
| C. | Does not wish its ADR to be listed on an U.S. exchange |
| D. | Wishes its ADR to be listed on any exchange around the world. |
| Answer» C. Does not wish its ADR to be listed on an U.S. exchange | |