Which of the following factors is most significant in determining the pattern of international trade?

A) Absolute advantage
B) Diplomatic expertise
C) Comparative advantage
D) Overpowering military strength
E) The size of a nation

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other competitors.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently (using fewer resources or generating higher output) than another entity.

Diplomatic Expertise

The skill and knowledge required to manage international relations and negotiate effectively on behalf of a state.