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 Vereeniging the 1931 Statute of Westminster. The country became a republic in 1961 therefore severing all connections with Great Britain. The country rejoined the Commonwealth in 1994. Although the treaty is named after the town of Vereeniging in Transvaal, where the peace negotiations took place, the document was actually signed at Melrose House in Pretoria. Treaty of Vereeniging The Treaty of Vereeniging (commonly referred to as Peace of Vereeniging) was the peace treaty, signed on 31 May 1902, that ended the Second Boer War between the South African Republic and the Republic of the Orange Free State, on the one side,