An ADR is used to:
A) facilitate trading foreign securities in U.S. markets by U.S. citizens living in the United States.
B) facilitate trading U.S. securities in foreign markets by U.S. citizens living abroad.
C) finance foreign trade in which U.S. citizens are engaged.
D) sweeten a bond offering.
Answer: A) facilitate trading foreign securities in U.S. markets by U.S. citizens living in the United States.