Final answer:
Trade in the Late Middle Ages was limited due to various factors, including political instability and poor infrastructure.
Step-by-step explanation:
The trade in the Late Middle Ages can be described as limited. During this time, long-distance trade was difficult due to political instability, poor infrastructure, and the dangers associated with traveling. Merchants mostly engaged in local trade within their towns or nearby regions. International trade was restricted and often controlled by monopolies or guilds, making it difficult for smaller merchants to participate.
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