Methuen Treaty a popular replacement. Cypher and Dietz, in the book ″The Process of Economic Development″, say that: "Portugal specialized in a commodity that did not have the same growth potential as did cloth for England. Portugal's economy suffered consequently, as the productive structure and institutions were moulded in the direction of wine production. In fact, after trade was rapidly expanded following the Methuen Treaty in 1703, Portugal was left with a sizeable deficit as its exports to England fell short of its imports from England. The boom in Portuguese-English trade fortuitously coincided with a gold rush in Brazil, Portugal's colony, enabling
Treaty of Lhasa Treaty of Lhasa The Treaty of Lhasa, officially the Convention Between Great Britain and Tibet, was a treaty signed in 1904 between Tibet and the United Kingdom of Great Britain and Ireland, in Lhasa, the capital of Tibet, then under administrative rule of the Qing dynasty. It was signed following the British expedition to Tibet of 1903-1904, a military expedition led by Colonel Francis Younghusband, and was followed by the Anglo-Chinese Convention of 1906. The main points of the treaty allowed the British to trade in Yadong, Gyantse, and Gartok while Tibet was to pay a large indemnity of 7,500,000