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 Peace and Friendship of 1984 between Chile and Argentina on solving disputes, ship navigation rights and an exact definition of the border through the Straits of Magellan. Chile and Argentina, though never at war with each other, have named some of their border treaties as "peace treaties". The treaty ended the Beagle conflict and was the result of long standing negotiations between Chile, Argentina and the Vatican as mediator. The outcome of the Falklands war made the treaty possible. When consulted in a non-binding referendum on resolving the conflict by then President Raul Alfonsin, 82% of Argentine population voted in favor of signing the treaty. The treaty recognizes the