August 3 – National Watermelon Day

ryanBell Ringers, Economics(BR)

National Watermelon Day



August 3 is National Watermelon Day. The world record for spitting watermelon seeds is 68 feet 9 1/8 inches. Check out this video as Mike Rowe learns how to spit a watermelon seed.

Watch: Mike Rowe and Watermelon Spitting

Economics

Read: National Watermelon Day

Did you know that watermelon is considered both a fruit and a vegetable? There are biological reasons for this, but also practical ones. It is honored in Oklahoma as the state vegetable! Why? Because the state fruit (strawberries) was already taken. Believe it or not, many people put salt on their watermelon!

Concepts: Gains from Trade, Comparative Advantage, Transaction Costs.

In 1980, the United States exported 26,673 metric tons of Watermelon. But also, imported 93,317 metric tons.

In 2010, the United States exported 192,892 and import a whopping 448,217 metric ton.
(Source: U.S. Department of Agriculture)

Why would the U.S. both import and export the same crop?