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Compared with the SIC System, the North American Industry Classification

Question 90

Multiple Choice

Compared with the SIC system, the North American Industry Classification System (NAICS) :


A) deals with many industries at one time.
B) is a single industry classification system used throughout the world.
C) contains more up-to-date information for the NAFTA partners.
D) provides less information about service industries.
E) generates statistics that are not useful in comparing countries.

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