Many people as me why merger and acquisition. Why international. The big driving force of course is Richardo's comparative advantage theory. Comparative advantage theory mainly tries to explain why we need to do international trade even one country is significantly competitive than another country in almost EVERY aspect.
It sounds difficult to understand but in reality, we are doing it every day. Many business owners are good at almost everything. But still they would hire an office manager and even train the manager to do what she/she is told to do. Why? Because it is more time-effective for a business owner to focus on more productive stuff.
The comparative theory is actually what drove the international trade between USA and many other developing countries. And it will keep powering the international trade and M&A for years to come.
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Huiting Zhuang, CEO/Co-Owner
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Crebbers LLC, international Merger, Acquisition & Consulting