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Trade became increasingly important to Europe during the late Middle Ages, particularly from the 12th to the 15th centuries. This period saw the rise of merchant cities and the establishment of trade routes, leading to the growth of commerce and the emergence of a merchant class. The Age of Exploration in the 15th century further accelerated trade, as European nations sought new markets and resources across the globe. This shift laid the groundwork for the economic transformations that characterized the Renaissance and beyond.

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