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 Casco (1703) losing control of the Kennebec-Chaudiere river system, which led to Quebec City. He raised a force of Canadians and Iroquois. In August 1703, this force, accompanied by a band of Abenakis, raided the New England frontier from Casco to Wells, killing or taking prisoner some 160 people. Further attacks were made during the autumn. The raids came as a complete surprise to New England. Governor Dudley responded by declaring war on the Abenakis, and offering £40 in scalp money. Treaty of Casco (1703) Treaty of Casco (1703) was an unsuccessful attempt made by Governor Joseph Dudley of Massachusetts Bay Colony