Final answer:
A reciprocal exchange where multiple people read, react, and respond to each other is called a discussion, which involves summary, paraphrase, analysis, and evaluation.
Step-by-step explanation:
A reciprocal exchange in which two or more people read, react, and respond to each other's comments is known as a discussion. During a discussion, each participant shares their ideas and research, reacting to others by summarizing, paraphrasing, analyzing, and evaluating the presented points. This form of communication fosters a collaborative environment where individuals engage in an academic conversation, contributing their perspectives to gain a deeper comprehension of the subject matter and broadening their understanding through the consideration of different interpretations.