Meaning reciprocal demand
What does reciprocal demand mean? Here you find 3 meanings of the word reciprocal demand. You can also add a definition of reciprocal demand yourself

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reciprocal demand


The concept that, in international trade, it is not just supply and demand that interact, but demand and demand. That is, a trading equilibrium has one country's demand for another's product [..]
Source: www-personal.umich.edu

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reciprocal demand


Definition The concept that, in international trade, it is not just supply and demand that interact, but demand and demand. That is, a trading equilibrium is a reciprocal equilibrium in which one coun [..]
Source: investorwords.com

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reciprocal demand


Reciprocal demand is mutual demand of each and other of trading partners. It is straight and elasticity of demand for one country to other country goods for its own at difference price ratio
Of export and import ( Terms of trade).
Pratik vadodkar - 2 March 2022

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