The Trade Effects of MERCOSUR and The Andean Community on U.S. Cotton Exports to CBI countries



Table 1: Descriptive Statistics of Variable (N=152)

Variable

Units

Mean

Standard
Deviation

Sum

Min

Max

Value of Imports

Actual $

3959643

7099997

601865770~

54531

42115184

Exchange Rate

Ratio

6.57476

4.69334

999.36414

0.43914

21.57458

Per Capita GDP

Actual $

18787032

_________2_

474107382

28556300000

612966

30506061

________74

Dummy Variable,
Mercsour

0.63158

0.48397

96"

Ô"

1

Dummy Variable,
ANDEAN_____

0.57237

0.49637

87"

Ô"

T

F Value= 18.09

Pr > F=<.0001



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