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
Nepal–Britain Treaty of 1923 Nepal, shall be ratified and the ratification shall be exchanged at the Kathmandu as soon as practicable." The treaty was the first treaty between Nepal and Britain to be recorded in the League of Nations. The treaty made clear the international status of Nepal. The treaty declared Nepal as an independent and sovereign nation, The treaty was also the first treaty between Nepal and Britain which was concluded with the mutual discussion between both nations. According to Nepalese historians, the main achievement of the treaty was the protection of the independence of Nepal and the increament of the status of