Economics The Russian Federation and Ukraine account for around 16 per cent of world wheat exports. The Russia and Ukraine conflict threatens to disrupt wheat supplies from this region. As a result, the demand for wheat has increased in importing countries. With the aid of two diagrams, one for the domestic market region (importing countries) and one depicting excess supply and excess demand schedules in the international market, illustrate and explain the effects on prices, import quantities and the volume of international trade of wheat as a result of increased import demand. State any assumptions that apply to your