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 for 25 years. Article 4 of the treaty is worded: The Treaty of 1874 suffered formidable opposition in Bolivia. The suggestions of Peru had raised the aspirations of the country to such heights that mere peace would not suffice to satisfy them. The Legislative Assembly received the Treaty with violent hostility. There was a moment in which the Government found himself impotent to dominate the current of opposition, especially with reference to Article 4. which wounded the financial policy of Peru, which aimed to monopolize the nitrate production, and among the opposing bands in Congress attempts were made to make