The North American Industry Classification System (NAICS)

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


Answer: C

Business

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