What does “One can easily give it a miss” mean?
The expression "give something a miss" means to intentionally avoid something.
It is the opposite of:
Give it a go
or
Give it a try
which means to try something.
Hey, I just downloaded a new game for my phone! It's free; you should give it a go!
No, I think I'll give it a miss. I hate those freemium games.
You should be aware that, in your example, both the use of "one" as a pronoun and the expression "give it a miss" are strongly suggestive of British English. This expression is, in my experience, much less common in American English. An American English speaker would be more likely to say:
You can easily take a pass.
The meaning of "take a pass" is the same; to decline or avoid something.