Methuen Treaty between England and Portugal

(47 words)
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The Methuen Treaty between England and Portugal sets up advantageous trading positions for both countries. Portugal agrees to import all her woollen goods from England, and England assents to placing a level of duty on Portuguese wines that is a third lower than that on French wines.

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Editors. "Methuen Treaty between England and Portugal". The Literary Encyclopedia. First published 01 April 2011
[, accessed 16 April 2014.]