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Foreign stocks trade in U . S . markets as: A Unregistered securities Exchange - Traded Funds ( ETFs ) American Depositary Receipts ( ADRs

Foreign stocks trade in U

.

.

markets as:

A Unregistered securities

Exchange

-

Traded Funds

(

ETFs

)

American Depositary Receipts

(

ADRs

)

Closed

-

end mutual funds

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