If the number of £ per C$1.00 rises from 0.6370 to 0.6403, what will be the change in the C$ revenue from a foreign contract fixed at £23,000?

Foreign Contract

A legally binding agreement between parties from different countries, subject to international law or specified national legal systems.

£ Per C$

£ Per C$ refers to the exchange rate determining how many British pounds (£) one can exchange for one Canadian dollar (C$), indicating the comparative value of the two currencies.