The least liquid stock markets as identified by the authors offer little liquidity for their own domestic firms,and are of little value to foreign firms.

Name: The least liquid stock markets as identified by the authors offer little liquidity for their own domestic firms,and are of little value to foreign firms.
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The statement is true as it suggests that the least liquid stock markets are not attractive options for domestic and foreign firms as they offer little liquidity.

The Least Liquid Stock Markets as Identified by the Authors