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Eric Goldschein from Fundera discusses the potential of starting an import/export business, emphasizing its significance in the global economy, valued at hundreds of billions of dollars. He highlights that trade has existed for centuries, facilitating access to diverse products like clothing from China and cars from Germany. If you have identified a product with potential in another market, it’s advisable to explore import/export opportunities. Goldschein mentions different types of import/export businesses, including Export Management Companies (EMC), which handle the export of goods for domestic businesses aiming to reach new markets.