In your project, you should assume that you will receive foreign currency when selling your product so that you can recognize the issues regarding exchange rate risk that are discussed throughout this text. Your idea should be for a small MNC instead of a large MNC because even most large MNCs began as small firms. The following questions will help you define your MNC idea:

1. What is the product that you plan to sell?
2. How will you sell the product in that country? (i.e., through a distributor? By mail?)
3. Is there some evidence that consumers in that country would buy this type of product? The country has to Be CANADA.
4. Do you need to purchase supplies or to hire labor?
5. Will any expenses you incur from producing the product be in dollars or some other currency?