Why Do Countries Persist in Using These Protective Measures Even

question 95

Essay

Why do countries persist in using these protective measures even though
most economists believe that tariffs and quotas yield welfare losses to
countries?

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Definitions:

On-Delay Nonretentive Timer

An electrical control function that delays the energizing of a circuit for a set period after a signal is received, but does not retain the timing interval in case of power loss.

Retentive Timers

Timers in a PLC that retain their value even after a loss of power or when the controlling signal is turned off.