explain the GDRS and ADRS as a source of international finance
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GDRs are similar to ADRs except the fact that it is listed on an exchange outside the U.S. and helps the issuer to raise funds simultaneously in different markets i.e. it allows the foreign firms to trade on the exchange outside its home country.
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Explanation:
GDRS.. Is a depository receipt which is issued by the international depository bank representing foreign company's stocks... ADRS.... Is a depository receipt which is issued by a US depository bank against a certain number of shares of non-Us stock......
(ADR--American depository receipt)
(GDR--Global depository receipt)
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