The stocks of U.S. companies and foreign companies can be found on one of three American stock exchanges: the American Stock Exchange (AMEX), the New York Stock Exchange (NYSE) and the National Association of Securities Dealers (NASDAQ).
1. Identify a developing country in Asia, Africa, and Latin America and determine how many companies from each of those countries are listed on the NYSE.
2. Select a foreign company and describe the manner in which IFRS are used by the company identified in item (1).