According to the law of one price, identical goods should cost the same in all nations, assuming there are no shipping costs nor trade barriers.

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The law of one price implies that identical goods should cost the same in all nations, assuming there are no shipping costs nor trade barriers. This is based on the principle of arbitrage and the assumption of perfect competition. However, in reality, there may be other factors that affect the price of goods in different countries, such as differences in taxes, regulations, market power, and consumer preferences.

According to the Law of One Price, Identical Goods Should