The North American Industry Classification System (NAICS)
A) provides common industry definitions for North America, Central America, and South America to measure economic activity in the Western Hemisphere.
B) provides common industry definitions between Canada and the United States to measure economic activity and reduce barriers of trade for cross-border firms.
C) provides a classification system for products that is consistent worldwide.
D) provides a classification system for products that is consistent across North America, Central America, and South America to measure economic activity in the Western Hemisphere.
E) provides common industry definitions for Canada, Mexico, and the United States to measure economic activity in the three member countries.

Question

Quizplus · Accepted Answer

The NAICS provides common industry definitions for Canada, Mexico, and the United States to facilitate the measurement of economic activity among these three countries.