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 1866 between Chile and Bolivia and Chile reopened talks which concluded with the Treaty of Sucre or Boundary Treaty between Bolivia and Chile of 1874 (see English version in ). The pact kept the 24th parallel as the boundary between Bolivia and Chile and Chile relinquished its former rights of condominium in return for no future nitrate tax increases over Chilean companies. Boundary Treaty of 1866 between Chile and Bolivia The Boundary Treaty of 1866 between Chile and Bolivia, also called the Mutual Benefits Treaty, was signed in Santiago de Chile on August 10, 1866 by the Chilean Foreign Affairs Minister Alvaro Covarrubias and the