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 Mutual Cooperation and Security Between the United States and Japan Treaty of Mutual Cooperation and Security Between the United States and Japan The , also known in Japan as or just for short, was first signed in 1954 at the San Francisco Presidio following the signing of the Treaty of San Francisco (commonly known as the Peace Treaty of San Francisco) at the San Francisco War Memorial Opera House. Then, the Security Treaty was later amended further on January 1960 between the US and Japan in Washington. When the Treaty was first signed, it contained provisions that permitted the United States to act for the sake of maintaining peace in