一いち物ぶつ一いっ価かの法ほう則そく

noun

law of one price

Economic principle stating that identical goods should sell for the same price in different markets when expressed in a common currency, assuming no transportation costs or trade barriers.

• 一いち物ぶつ一いっ価かの法ほう則そくが成なり立たつには、取とり引ひき費ひ用ようが無む視しできるほど小ちいさい必ひつ要ようがある。

  For the law of one price to hold, transaction costs must be negligibly small.