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Q.Explain ADR and GDR asa source of international finance.
 

Dear Student,

The short description of ADR & GDR is given at the below link:
 
https://www.meritnation.com/ask-answer/question/what-is-gdr-and-adr-and-fdi/business-studies/6725915

Do get back to us in case of any further query,

Regards,

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Global Depository Receipts (GDRs)- These are the instruments issued abroad by a
domestic company to raise funds in foreign currency. They can be converted at any point of
time into an equitable number of shares.

American Depository Receipts (ADRs)- These are the instruments issued in the US by
a domestic company to raise funds. They are sold only to the American citizens and are
traded in the U.S. securities market only.
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