ADRs Are ________

Multiple Choice

ADRs are ________.

A) securities, backed by American depositary shares (ADSs) , that permit U.S. investors to hold shares of non-U.S. companies and trade them in U.S. markets
B) securities, backed by Securities Exchange Commission (SEC) , that permit all investors to hold shares of U.S. companies and trade them in U.S. markets
C) securities, backed by American depositary shares (ADSs) , that permit non-U.S. investors to hold shares of U.S. companies and trade them in U.S. markets
D) securities, backed by Securities Exchange Commission (SEC) , that permit U.S. investors to hold shares of non-U.S. companies and trade them in international markets.