The theory of reciprocal demand best applies when two countries are of equal economic size, so that the demand conditions of each nation have a noticeable impact on market prices.

Name: The theory of reciprocal demand best applies when two countries are of equal economic size, so that the demand conditions of each nation have a noticeable impact on market prices.
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The theory of reciprocal demand assumes that two countries are of equal economic size and have a noticeable impact on market prices.

The Theory of Reciprocal Demand Best Applies When Two Countries