CAUSES OF UNFAVOURABLE BALANCE OF PAYMENT by keypoint Inflation. High taste for foreign goods and services. Low production as a result of the use of crude implements Bad weather conditions resulting to poor harvest. Others are Viewing: BALANCE OF PAYMENT UNFAVOURABLE BALANCE OF PAYMENTS WAYS OF CORRECTING DEFICIT/UNFAVOURABLE BALANCE OF PAYMENTS UNFAVOURABLE TERMS OF TRADE BALANCE OF TRADE FAVOURABLE BALANCE OF PAYMENTS TERMS OF TRADE