Summary statistics of exchange rates and tariff changes
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|1979 to 1984||1984 to 1990||1990 to 1996|
|Average annual changes||Standard deviations||Average annual changes||Standard deviations||Average annual changes||Standard deviations|
|Nominal US/Canada exchange rate||-1.63||0.00||1.42||0.00||-2.06||0.00|
|Real US/Canada exchange rate||-0.19||2.06||1.57||1.54||-1.85||1.48|
|U.S. tariff against Canada||-0.20||0.34||-0.24||0.34||-0.39||0.43|
|Canadian tariff against US||-0.25||0.45||-0.42||0.53||-0.84||0.66|
|Average tariff between Canada and US||-0.22||0.30||-0.33||0.34||-0.62||0.51|
Average annual changes are calculated as differences between the first and last years of the variable, divided by the number of years. Tariffs for 1980 are used for 1979.
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