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In this video tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its resilience regardless of global economic conditions. The import/export market encompasses various categories, including capital goods, consumer goods, and food and beverages, and is valued at hundreds of billions of dollars. The tutorial highlights the historical significance of trade, illustrating how products like clothing, olive oil, and cars are sourced globally. Goldschein encourages viewers to identify products that could succeed in foreign markets and explore importing or exporting them. He notes that there are different types of businesses in this sector, such as export management companies (EMCs), which facilitate exports for domestic enterprises.
