Which of the following factors is not a source of barriers to the exit of capacity from the European oil refining industry: a declining industry includes not just the presence of durable,specialized assets and the costs of plant closure,but also:
A) Oil refineries have few alternative uses
B) Environmental clean-up costs
C) Employee redundancy payments
D) Investments in new refining capacity in the Middle East by national oil companies
Correct Answer:
Verified
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