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Affirmative action programs are designed to remedy an actual past practice of discrimination.
Quota Limit
A government-imposed trade restriction that sets a physical limit on the quantity of a good that can be imported or exported during a specific time frame.
Price Ceiling
A legal maximum price set by the government for certain goods or services, intended to prevent prices from becoming too high.
Tariff
A tax imposed by a government on imported or, less commonly, exported goods to protect domestic industries or to generate revenue.
Quantity Control
Measures implemented to regulate the amount of a particular good that is produced, sold, or consumed, often to stabilize markets.
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