A typical conclusion was that rules that assign property rights and rules that let people trade lead to good outcomes.

一个典型的结论是：财产分配权规则和让人们交易的规则带来了良性结果。

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Data on trade values partly reflect exchange-rate fluctuations, so it is not unusual for them to lead to somewhat different conclusions from volume figures.

贸易额的数据一定程度上的映了汇率波动，因此与贸易量得出的结论不同也就很正常了。

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The downturn could lead to trade wars if countries raise barriers to foreign competition.

VOA: special.2009.01.31

The APEC Business Advisory Council says the greatest concerns are that rising unemployment and weak demand could lead some governments to introduce protectionist measures and subsidies that distort trade.

VOA: standard.2009.11.11

Then any precipitating factor undermining the trade can lead to profit taking at the margin.

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Imposing an across-the-board tariff for the direct purpose of stifling trade would lead to a WTO-sanctioned retaliation where other countries start slapping tariffs on our exports.

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Putting trade restrictions on carbon-intensive imports would lead to trade wars that would prove counterproductive to economic growth and the environment itself.

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