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comint-copy-old-input). This is useful if you move point back to a previous command. After you copy the command, you can submit the copy as input with RET. If you wish, you can edit the copy before resubmitting it.
Moving to a previous input and then copying it with C-c RET produces the same results--the same buffer contents--that you would get by using M-p enough times to fetch that previous input from the history list. However, C-c RET copies the text from the buffer, which can be different from what is in the history list if you edit the input text in the buffer after it has been sent.