need answer of question 6, and please take help of given notes.

Tips for Developing Your Idea Your idea should be simplified to the degree that you could possibly implement it someday. Your idea should focus on one country and one foreign currency since many companies are focused on one manner when they are first created. So that you can recognize the issues regarding exchange rate risk that are discussed throughout this text, you should assume that you will need to pay foreign currency when purchasing your product or raw materials. Your idea should be for a small company instead of a large company because many large companies started as small companies. The following questions will help you define your company's idea: What product/raw material will you purchase? Which foreign country do you plan to target? What is the level of risk associated with the country? How long will it take for the product to reach Canada? Can the product enter Canada? Will it attract import duties? Is there a free trade agreement between Canada and your proposed country? How will you mitigate against foreign exchange risk? What are your contingency plans? (For example, what if there is a breakdown in relationship between yourself and your supplier or your supplier cannot fulfil his/her contractual agreement? 6. Host Country Central Bank Analysis. Examine the Central Bank of the host country and advise your Board. Does the host country have a strong financial market? (A) What are the responsibilities of the central bank for regulatory control with focus on the commercial and investment banking systems? (B) What measures are in place to protect clients in the event a bank fails in the host country? (C) Explain how fluctuations in the host country's exchange rate affect the value of that debt held by foreigners. (D) Visit the Central Bank of Canada (Bank of Canada) website, examine the movement of interest rates for the last 24 months, and discuss how increase and decrease in interest rate can impacts the currency (appreciation or depreciation)