Economic Systems

2. What has signaled a shift away from the free trade policies of the past few decades?
4. The traditional economy may seem...?
5. What has both Democratic and Republican leadership been working to reduce?
6. Most economists maintain that free trade is generally _______ for the nations involved.
8. What organization helps administer free trade agreements by handling various disputes?
9. What is a main foreign policy goal of the United States?
10. How many basic economic questions are there?
13. In which economy does the individual make all the decisions?
15. What agreement created a free trade zone in Canada, Mexico and the US?
16. In which economy do government officials make all decisions?
17. In which economy do individuals answer all questions in a private sector?

1. Who believed free market system was the best?
2. Which economy is based on customs and historical precedent?
3. What term is used to describe the influence of competition and self-interest on the economy?
7. Who provided the ideology behind many command economies?
10. What did Smith release arguing economic freedom?
11. Eliminating free trade barriers, promoting fair competition, and increasing investment opportunities among the three nations is NAFTA's..
12. What do most governments implement on trade?
14. NAFTA includes Mexico, United States and....