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Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its enduring presence in the global economy, with a market worth hundreds of billions of dollars. He highlights the historical significance of trade, allowing consumers to access products from various countries, like clothing from China or olive oil from Spain. If you identify a product with potential in another market, you can transform it into a business opportunity through importing and exporting. Goldschein notes that there are different types of import/export businesses, such as an export management company (EMC), which facilitates domestic businesses in reaching new markets.
