Final answer:
Cyberespionage undermines fair competition and trade by stealing intellectual property.
Step-by-step explanation:
The role cyberespionage plays in global trading is that it undermines fair competition and trade by stealing intellectual property. As mentioned in the provided information, highly sophisticated operatives infiltrate corporations and organizations to steal valuable company secrets without physically being present. This theft of sensitive information can lead to competitive disadvantages and the creation of cheaper versions of stolen products by competitors, which ultimately harms U.S. companies and their global trading relationships.