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Question
GDR is ______.
Options
foreign direct investment
free direct investment
forestry direct investment
MCQ
Fill in the Blanks
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Solution
GDR is foreign direct investment.
Explanation:
- A financial tool used to raise money in global markets is the Global Depository Receipt, or GDR.
- It is traded on international stock exchanges such as the London Stock Exchange and the Luxembourg Stock Exchange, and it represents shares in a foreign firm.
- Companies can obtain international funding through GDRs without having to list directly in those nations.
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Chapter 18: Sources of Business Finance - EXERCISES [Page 268]
