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In this tutorial, Eric Goldschein from Fundera discusses the essentials of starting an import/export business. He emphasizes the enduring relevance of the import/export market, which encompasses various sectors, including capital goods and consumer goods, collectively worth hundreds of billions of dollars. Goldschein highlights the long history of trade as a means to access products from different countries, such as clothing from China or olive oil from Spain. If you've identified a product for a foreign market, it's important to explore the import/export business opportunities. He also notes that there are different types of import/export businesses, including export management companies (EMCs) that facilitate the sale of goods for domestic businesses targeting new markets.