Which theory of political economy best explains todays global economy? (mercantilism, structuralism, economic liberalism

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answerhappygod
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Which theory of political economy best explains todays global economy? (mercantilism, structuralism, economic liberalism

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Which theory of political economy best explains todays globaleconomy? (mercantilism, structuralism, economic liberalism, etc.) Ihave been leaning towards economic liberalism, but there are somany factors from mercantilism and structuralism that also existtoday so I am not sure how to answer the question with a properargument.
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