Chicago based Corporation X has a number of importing transactions with companies based in UK. Importing activities result in payables. If the settlement currency is the British Pound, which of the following will happen by changes in the direct or indirect exchange rates? 
Definitions:
Joint Probabilities
The likelihood of two occurrences taking place simultaneously.
Marginal Probabilities
The probability of a single event occurring, irrespective of the outcomes of other variables.
State Contracts
Agreements entered into by government entities for the procurement of goods and services, subject to specific regulatory and legal frameworks.
Construction Company
A business entity involved in the building of structures, infrastructures, and related activities.
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