(Answered) Read the following article and describe which economic

Management Studies

Read the following article, and describe which economic system in which you believe governments should operate. Explain why.

https://quickonomics.com/four-types-economic-systems/

Now that you have your preference, explain which trade philosophy is the most ideal, in your opinion. Some trade philosophies include protectionism, isolationism, and free trade. Please research the different tactics, and explain which one you feel benefits the average government. Feel free to use the web site below as a starting point in your research. Cite your sources.

http://www.ehow.com/list_6704085_differences-between-trade-protectionism.html

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