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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business. He emphasizes the constant presence of this market, regardless of the global economy, highlighting its worth in hundreds of billions of dollars across various categories, such as capital goods and consumer products. Trade has been a fundamental aspect of human society, allowing access to goods from around the world, like clothing from China and cars from Germany. If you have identified a product with potential in another market, it’s a viable opportunity for business. Goldschein also mentions different types of import/export ventures, such as Export Management Companies (EMC), which help domestic businesses sell internationally.
