An instrument representing ownership interest in securities of a Foreign Issuer is called ___________

(a)

an ownership certificate

(b)

a depository receipt

(c)

an ownership receipt

(d)

None of the above

Issuance of DRs is based on the increase of demand in the ____________

(a)

International Market

(b)

Local Market

(c)

Existing Shareholders

(d)

All of the above

ADRs are issued in_____

(a)

Canada

(b)

China

(c)

India

(d)

 The USA

Depositary receipts that are traded in an international market other than the United States are called ____________

(a)

Global depositary receipts

(b)

International Depositary receipts

(c)

Open market depositary receipts

(d)

Special Drawing Rights.

__________bond is a special type of bond issued in the currency other than the home currency.

(a)

Government Bonds

(b)

Foreign Currency Convertible Bond

(c)

Corporate bonds

(d)

Investment Bonds