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Which of the following transactions gives a U.

Which of the following transactions gives a U.S. citizen the most efficient means to invest in the stock of an overseas corporation that trades only on a foreign exchange?

A.

Purchase an ETF on the foreign exchange

B.

Purchase an option on the stock on a domestic exchange

C.

Purchase a U.S.-based mutual fund that invests in foreign stocks

D.

Purchase an American Depositary Receipt (ADR) on a domestic exchange

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