Site navigation

The theory of reciprocal demand in the field of international trade is propounded by

Mill propounded the theory of reciprocal demand. It explains how the demands of trading countries for each other's products help determine the terms of trade.

Choose your answer

The theory of reciprocal demand in the field of international trade is propounded by

Select one answer
Answer and explanation

Correct answer D

Mill propounded the theory of reciprocal demand. It explains how the demands of trading countries for each other's products help determine the terms of trade.

Practice for these exams

  • Tamil Nadu SET (TNSET)

Related question papers

Related exam syllabi

Related questions in this topic