GDR is a _________________ instrument and can be traded freely like any other security.
Flexible
Fixed
Negotiable
None of the above
GDR is a negotiable instrument and can be traded freely like any other security.
In liberalised economies, international trade is not subject to policies and regulations and can be carried out freely.
Distinguish between capital market and money market on the basis of : (i) Participants (ii) Instruments of trade/investment outlay (iii) Duration of securities traded (iv) Expected return (v) Safety