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
1973 Boundary Treaty between Uruguay and Argentina 1973 Boundary Treaty between Uruguay and Argentina The Treaty between Uruguay and Argentina concerning the Rio de la Plata and the Corresponding Maritime Boundary was signed in Montevideo on 19 November 1973 by Dr. Juan Carlos Blanco Estradé, Minister for Foreign Affairs of Uruguay and Mr. Alberto J. Vignes, Minister for Foreign Affairs and Worship of Argentina. The treaty provides the geographic coordinates for the boundary points in the Rio de la Plata, affords the status of Martín García Island and other islands in the Rio de la Plata, designates Isla Martin Garcia as the seat of an Administrative Commission