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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its resilience regardless of the global economy. The import/export market encompasses various categories, including capital goods, consumer goods, and food, representing a multi-billion dollar industry. Goldschein emphasizes the longstanding role of trade in society, facilitating the exchange of products like clothing from China and cars from Germany. He suggests that if you've identified a potentially successful product for another market, it's time to explore import/export opportunities. He also notes different business models, such as an export management company (EMC), which helps domestic businesses access foreign markets.
