Identify whether each of the following situations is an example of the market expansion effect or the labor pool effect of globalization. (LO16-2) a) A furniture maker shifts production from the...

Identify whether each of the following situations is an example of the market expansion effect or the labor pool effect of globalization. (LO16-2) a) A furniture maker shifts production from the United States to China. b) Merck, a large U.S. pharmaceutical company, hires more scientists in the United States so it can develop drugs to sell in overseas markets. c) A U.S. newspaper hires reporters in India to write about the U.S. stock market. d) A U.S. magazine hires reporters in the United States to write about the Indian stock market.