How would your answers have changed had the international price been at the level of the minimum of the monopo

Question

A change in government’s regulation has forced a local monopolist to face the international market. The international market is perfectly competitive but the international price is above the local competitive equilibrium price (but below the monopolist price).

Answer 1

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Not sure what you mean by, "How would your answers have changed...", but the price change for the monopoly would have to be downward...to be competitive internationally. A local monopoly means there is no local competition...
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Answer 2

It will reduce the price the monopoly is able to charge and lower their gross margin.

Overall it should greatly hurt the income of the monopoly and and make them more competitive and more efficient.