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Figure: The Market for Melons in Russia II
-(Figure: The Markets for Melons in Russia II)Use Figure: The Market for Melons in Russia II.Suppose that Russia opens to trade and finds the world price to be $10.Russia will:

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Use the following to answer questions :
Figure: The Market for Melons in Russia II 
-(Figure: The Markets for Melons in Russia II)Use Figure: The Market for Melons in Russia II.Suppose that Russia opens to trade and finds the world price to be $10.Russia will:

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The world price of melons is $10, which is lower than Russia's domestic price of $20. Therefore, Russia will import melons. The quantity of melons Russia will import is the difference between the quantity demanded (50 units) minus the quantity supplied domestically (20 units), which equals 30 units.

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