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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its enduring relevance despite global economic fluctuations. The import/export market encompasses various categories, including capital goods, consumer products, equipment, and food, generating hundreds of billions in revenue. Trade has existed for centuries, facilitating the movement of goods globally, such as clothing from China and cars from Germany. If you have identified a product that could succeed in a different market, it's time to explore the possibilities of importing or exporting it as a business. Additionally, one option is to establish an Export Management Company (EMC), which assists domestic businesses in selling their goods internationally.
