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
Boundary Treaty of 1874 between Chile and Bolivia Boundary Treaty of 1874 between Chile and Bolivia The Boundary Treaty of 1874 between Chile and Bolivia, also called the Treaty of Sucre, was signed in Sucre on August 6, 1874 by the Bolivian Minister of Foreign Affairs Mariano Baptista and the Chilean plenipotentiary minister Carlos Walker Martínez. It superseded the Boundary Treaty of 1866 between Chile and Bolivia and it kept the border between both countries at the 24° South parallel from the Pacific Ocean to the eastern border of Chile. The Treaty abolished the zone of bipartite tax collection on the export dues on minerals found between parallel