If the law of one price does not hold, then: Group of answer choices Consumers can shop around for bargains. BOP conditions will be negatively impacted across markets. Global trade will be impaired. Speculation will take place across markets. Monetary and fiscal policies will be ineffective.

Global trade will be impaired.

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.