A new measurement system, with two receiver channels per measurement port, has been developed that provides absolute magnitude and absolute phase relationship measurements over wide bandwidths. Gain ranging is used at RF to provide optimum noise performance and a swept YIG preselector filter is used to avoid spurious signals. A new absolute vector error correction method is used to calibrate the measurement system in order to allow for absolute vector measurements, and it also removes the time-varying responses caused by the swept YIG preselector filters. A quasi-reciprocal mixer with a characterized non-reciprocal ratio is used to provide the absolute calibration standard. The two receiver channels can be adapted to a wide variety of applications, including wide bandwidth vector signal analyzer measurements, mixer measurements, and harmonic measurements. The two-channels can also be used as an absolute calibrated transmitter/reflectometer.