native windows

How exactly does Parallels work? I had previously thought Parallels wasn't an emulator, and thus the OS's it virtualizes need to be able to run natively. Thus I thought the fact that Parallels could run Linux on an Apple Silicon Mac (as demonstrated at WWDC) meant Linux can be run natively on...

I am currently on a Mac, using Parallels to run a Windows VM. I also have a native Windows computer. I'd like to transfer my Windows virtual machine to the real Windows machine where it can run as the native OS with all settings and apps intact. I am guessing that the process would be: convert...