The principle of reciprocal demand was introduced by

Related MCQs

• J.S.Mill introduced the theory of reciprocal demand to explain
• Mill’s theory of reciprocal demand indicates a
• Mill’s theory of reciprocal demand is based on one of the assumptions that
• The concept of gross barter terms of trade was introduced by
• In case of Mill’s theory, where country A produces good X and country B produces good Y, if country A’s demand for product Y increases, then country A’s offer curve will