The report shows trade openness is strongly linked with a reduced likelihood of conflict and technological improvements enabled by trade have had a strong impact on reducing carbon emissions.

该报告显示，贸易开放与减少冲突的可能性密切相关，贸易带来的技术进步对减少碳排放产生了巨大影响。

A long period of cheap finance makes it less likely that issuers will be forced to default in the short term, and the reduced likelihood of default makes it more attractive for investors to hold bonds.

长期低成本融资，不太可能让债券发放者在短期被迫债务违约.并且，债务违约可能性降低，更能吸引投资者持股.