An Exit Barrier Is Anything That Is an Impediment to Excess

question 11

True/False

An exit barrier is anything that is an impediment to excess capacity leaving an industry.

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Definitions:

World Bank

An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects aimed at reducing poverty.

Economic Development Institution

Organizations, either governmental or non-governmental, focused on promoting economic development and growth by providing support, resources, and policies to stimulate economic activities.

Output Per Capita

A measure of productivity per person, typically calculated as total output divided by the population size.

Enrolment Rate

The percentage of individuals who are registered or enrolled in an educational institution relative to the eligible population.