The system that provides common industry definitions for Canada, Mexico, and the United States, which makes it easier to measure economic activity in the three member countries of the North American Free Trade Agreement (NAFTA) is referred to as
A)Strategic International Classification (SIC).
B)Federated Domestic and International Classification (FDIC).
C)Federated Trade Codification (FTC).
D)the North American Industry Classification System (NAICS).
E)Federated System of Listing International Corporations (FSLIC).

Question

Quizplus · Accepted Answer

NAICS is the system that provides common industry definitions for Canada, Mexico, and the United States, enabling the measurement and comparison of economic activity in the three member countries of NAFTA. The other options listed are not relevant or existent in this context.

The System That Provides Common Industry Definitions for Canada, Mexico