<Tr> <Td> ↓ Future </Td> </Tr> <Tr> <Td> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> </Td> </Tr> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> The term "Late Middle Ages" refers to one of the three periods of the Middle Ages, along with the Early Middle Ages and the High Middle Ages . Leonardo Bruni was the first historian to use tripartite periodization in his History of the Florentine People (1442). Flavio Biondo used a similar framework in Decades of History from the Deterioration of the Roman Empire (1439--1453). Tripartite periodization became standard after the German historian Christoph Cellarius published Universal History Divided into an Ancient, Medieval, and New Period (1683). </P>

Which of the following describes trade in the late middle ages open study