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For many U.S investor the American Depositary Receipt (ADR) are a popular investment tool. Although more alternatives for investing in foreign equity securities have become

For many U.S investor the American Depositary Receipt (ADR) are a popular investment tool. Although more alternatives for investing in foreign equity securities have become available for U.S. investors in recent years, yet ADRs remain popular. Define what an ADR is and provide at least three examples of the advantages they may hold over alternative foreign investment vehicles for investors.

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