Explain how the following items would be entered into the U.S. balance of payments (the initiating entry):
A disaster relief shipment of wheat to Bangladesh Imports of textile machinery
Opening a $500 bank account in Zurich
A $1,000,000 Japanese purchase of U.S. government bonds
Hotel expenses in Geneva
The purchase of a BMW automobile
Interest earned on a bank account in London
The Union Carbide purchase of a French chemical plant
Sales of lumber to Japan
The shipment of Fords to the United States from a Mexican production plant; and the profits from that same plant