Agriculture Secretary Ed Schafer today announced that Chile's Livestock and Agricultural Service approved the U.S. inspection, control and certification systems for poultry, allowing these products to enter the Chilean market effective immediately. The effect of this change in Chilean policy in the Chilean poultry market is to
A) increase Chilean consumer surplus.
B) increase Chilean producer surplus.
C) decrease Chilean total surplus.
D) have no effect in the Chilean poultry market.
Correct Answer:
Verified
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