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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its resilience regardless of global economic conditions. The import-export market encompasses various categories, including capital goods, consumer goods, equipment, and food, representing hundreds of billions of dollars in trade. Historical context underscores the long-standing nature of trade, facilitating the exchange of products like clothing from China and cars from Germany. He encourages entrepreneurs to identify products with potential in other markets and explore opportunities for import or export. Additionally, he mentions the possibility of starting an export management company (EMC) to assist domestic businesses in reaching foreign markets.
