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  1. Natural Factors: natural calamities such as floods, drought, earthquake etc
  2. Economic Factors:
    • Cyclical fluctuations
    • Inflation
    • Capital movements
    • Miscellaneous Factors: The changes in tastes, habits, fashions of the people; discovery of new substitutes for exports; the development of alternative sources of supply.
  3. Political Factors: example political instability.
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Q: What are the causes for disequilibrium in bop?
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Related questions

What are the types of disequilibrium in bop?

There are 3 types of disequilibrium's in balance of payments:- 1) cyclical disequilibrium 2) secular disequilibrium 3) structural disequilibrium structural disequilibrium at:-a) goods level b) at factors level


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