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hThe need for American Depositary Receipts ( ADRs ) is mainly because a . it helps facilitate the transfer of dividends into the U .

hThe need for American Depositary Receipts (ADRs) is mainly because
a. it helps facilitate the transfer of dividends into the U.S. dollar.
b. American securities markets do not trade directly in foreign securities.
c. foreign securities generally deal in currencies less stable than the U.S. dollar.
d. foreign securities require a guaranteed exchange rate in order to properly be valued in the U.S. dollar.The need for American Depositary Receipts (ADRs) is mainly because
a. it helps facilitate the transfer of dividends into the U.S. dollar.
b. American securities markets do not trade directly in foreign securities.
c. foreign securities generally deal in currencies less stable than the U.S. dollar.
d. foreign securities require a guaranteed exchange rate in order to properly be valued in the U.S. dollar.

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