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As a result, economics is one of the most popular college majors. 14 Chapter 2. Gains From Trade and the Law of Comparative Advantage (Empirics) Session 5 lecture slides (PDF) 6. JHINGAN * J.B. Condliffe, Technological Progress and Economic Economic Development 62 The Debt Problem of LDCs 63 New International Economic. identify the major international economic (trade and financial) problems facing the United. The Home worker earns pr/aLr = 2/2 = 1 producing rackets and pB/aLB = 1/6 producing bats. 3 Star. This comprehensive textbook explains the concepts necessary to understand, evaluate, and address the economic problems and issues the nations of the world are currently facing, and are likely to face in the future. International Economics by. Loose-leaf Version for International Macroeconomics. The front pages of . 1. International economics is different -- pt. Includes index. 4 Star. 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