Question: The Harmonized Commodity Description and Coding System is governed by the International Convention on the Harmonized Commodity Description and Coding System. The Harmonized System ,

The Harmonized Commodity Description and Coding System is governed by the International Convention on the Harmonized Commodity Description and Coding System. The Harmonized System, or simply HS, is a multipurpose international product nomenclature. How many commodity groups are included in the HS, and how many countries use the HS?
Group of answer choices
5,000 groups and 200 countries
1,000 groups and 100 countries
2,500 groups and 200 countries
100 groups and 100 countries

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