I must admit that if the entire circuit is ac then directionality is certainly questionable
Heres a quote from (I know people hate them but regardless...) Monster Cable ~
" Connectors such as the RCA type and mono ¬" are considered Unbalanced
connectors; due to their two contact surface areas, the tip and the
sleeve. (Connectors such as XLR, TRS ¬" (Tip/Ring/Sleeve,) etc. are
considered Balanced.) A coaxial cable terminated with an unbalanced
connector, uses the conductor as the positive lead, terminated to the
Tip, and the shield as the negative lead, terminated to sleeve. Monster
Cable makes our Unbalanced cables,
"Semi-balanced" by utilizing twisted pair cable. We use one conductor
as the positive lead, terminated to the Tip, one conductor as the
negative lead, terminated to the sleeve, and we terminate the shield to
the Source side of the cable; thereby making the cable directional.
The theory goes, if you ground the shield at the Source end and leave
it open to "Drain" at the Destination end, any noise or interference
which enters the shield, will be kept from making its way into your
destination device. Source is considered where the signal is
originating from, (think in terms of your signal flow,) Destination is
considered the device to which your signal is going."
So at least thats some sort of plausible explanation for interconnects
Heres
Russ Andrews but he doesnt even mention ac
A lot of cable manufacturers 'claim' theyve blind tested their cables for directionality which is why theyre marked up. As for an actual explanation as to why............
Just a personal comment ~ as hifi is ac. Then the speaker coil is 'pushing' then 'pulling' alternately. Whos to say directionality wont effect that to some small degree? (Ie ~ if the PULL is stronger than the push of the speaker cone then it might be slightly better quality overall due to the engineering principles behind how loudspeakers work)