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 To support that requirement, it provided for the continued presence of US military bases in Japan. The treaty also included general provisions on the further development of international cooperation and on improved future economic cooperation. The treaty has lasted longer than any other alliance between two great powers since the 1648 Peace of Westphalia. The treaty had a minimum term of 10 years. However, it provided that it would remain in force permanently unless one party gives one year's notice that it wishes to terminate it. The earlier Security Treaty of 1951 provided the initial basis for the Japan's security