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) Casco, Maine (present day Falmouth, Maine), June 20, 1703. The Indians made the customary professions of peace, disavowing any conspiracy with the French to exterminate the English. They then presented the governor with a belt of wampum and ended the ceremony with an exchange of volleys. The Treaty caused concern for the French, as it left them vulnerable in Acadia. Accordingly, Jacques-François de Monbeton de Brouillan, Governor of Acadia, urged the Governor of New France, Philippe de Rigaud, Marquis de Vaudreuil, to send a force to instigate hostilities between the Native Tribes and New England. Vaudreuil was equally concerned about