Answer:
Global trade will be impaired.
Step-by-step explanation:
The law of one price can be regarded as economic concept, which explains
that the price of an identical asset or identical commodity regardless of their location will globally have the same price definitely. With matter of time
the prices of the asset would align due to market equilibrium forces.
International or Global trade can be regarded as the exchange of capital as well as goods and services around the borders of international nations territories because as a result of need or want of goods or services by consumers .
It should be noted that If the law of one price does not hold, then Global trade will be impaired.