A UK$-$based exporter sells goods to the United States.

The agreed$-$upon price for the goods is $$500,000.$ If the

exchange rate between the British pound $($GBP$)$ and the US

d$$llar $($USD$)$ changes from $1GBP=1.40$ USD to $1GBP=$

$1\mathrm{.}30$ USD at the time of payment, what mact would this,

exchange rate movem ent haveson the exporter's revenue in

GBP terms?

OIncrease in revents

Decrease in revenue

No impact on revenue