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
Burney Treaty Burney Treaty The treaty between Kingdom of Siam and the United Kingdom of Great Britain and Ireland commonly known as the Burney Treaty was signed at Bangkok on 20 June 1826 by Henry Burney, an agent of British East India Company, for the United Kingdom, and King Rama III for Siam. It followed an earlier treaty of 24 February 1826, in which Siam became an ally of Britain against the Kingdom of Ava (Burma), with which Britain was at war. A Siamese army was raised and equipped, but took no serious part in the war due to ill-feeling and suspicion