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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its enduring relevance despite global economic fluctuations. The import/export market spans various categories, including capital goods, consumer goods, and food and beverage, representing hundreds of billions of dollars. Trade has existed for centuries, facilitating access to products like clothing from China and cars from Germany. If you identify a product with potential in another market, you can begin exploring import and export opportunities. Additionally, he mentions different business models, such as an export management company (EMC), which assists domestic businesses in entering foreign markets.
