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Trade Routes between Europe and Asia during Antiquity
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In ancient times, regions of Asia had commercial relations among themselves as well as with parts of Europe and Africa. In the earliest days nomadic peoples traded over considerable distances, using barter as the medium of exchange. Particularly important in such trade were fine textiles, silk, gold and other metals, various precious and semiprecious stones, and spices and aromatic products. Trade between Europe and Asia expanded considerably during the Greek era about the 4th century bc , by which time various land routes had been well established connecting Greece , via Anatolia Asia Minor , with the northwestern part of the Indian subcontinent.
Long before Europeans "discovered" the Indian Ocean, traders from Arabia, Gujarat, and other coastal areas used triangle-sailed dhows to harness the seasonal monsoon winds. Domestication of the camel helped bring coastal trade goods such as silk, porcelain, spices, slaves, incense, and ivory to inland empires, as well. Silk from China graced Roman aristocrats, Roman coins mingled in Indian treasuries, and Persian jewels sparkled in Mauryan settings. Another major export item along the classical Indian Ocean trade routes was religious thought.
The trade war between the U. Beijing has used both monetary and fiscal policies to limit the economic damage brought on by elevated U. Economists ratcheted up their GDP forecasts for the third quarter to a median 2.