2 On foreign wealth and the U.S. external position Consider the U.S. Net International Investment Position (or Net Foreign Assets) at the end of 2018, which is provided in the le \"Table 1.2: The U.S. NFA at the end of 2018\". In the same year, the U.S. GDP in millions of dollars amounted to 20,533,058. Moreover, let 70% of U.S. foreign assets be denominated in foreign currencies and 100% of its foreign liabilities be denominated in USD. Based on this information, what is the effect of a 10% dollar depreciation on foreigners' net foreign claims on the United States measured in dollars (as a percent of U.S. GDP)? Provide intuition for your numerical result.1