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 the Bogue Treaty of the Bogue The Treaty of the Bogue () was a treaty between China and the United Kingdom, concluded in October 1843 to supplement the previous Treaty of Nanking. The treaty's key provisions granted extraterritoriality and most favored nation status to Britain. In order to conclude the First Opium War, imperial commissioner Qiying and Henry Pottinger concluded the Treaty of Nanjing aboard the British warship HMS "Cornwallis" in 1842 in Nanjing on the behalf of the British Empire and the Chinese Qing dynasty. The treaty became the first of a series of commercial treaties, often referred to as "unequal