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In this video, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its ongoing relevance in the global economy. This industry, spanning capital goods, consumer products, and food, is valued in the hundreds of billions of dollars and has existed for centuries. By facilitating trade, we access products like clothing from China and cars from Germany. If you have identified a product with potential in another market, consider developing it into a business. Notably, there are various types of import/export businesses, such as export management companies (EMCs), which help domestic businesses sell goods to international markets.
