5 Intenational Students Increasingly, intermational trade involves services as w

Question

5 Intenational Students Increasingly, intermational trade involves services as well as merchandise. One important industry is higher education, where many intemational students come to study in the US, and many US students go abroad to study. Here is a useful web link: http:/www.lie.org/Services/Project-Atlas United-StatesIntermational-Students in-U5%.WNoMr krLIU How many international students are studying in the US? What are the main countries of origin of these students? What subjects do they mainly study? And how has the volume and pattern of intemational students changed over the past decade? How many US students study abroad? Where do they mainly go to study? How have the number and destination of US students abroad changed over the past decade? a. b. c. How much does the US eam annually from international students? (This may require a bit of searching.] How much does the Boston area ea annually from international students? [Hint: Try the NAFSA site.

Explanation / Answer

a). As of 2014-15 975,000 international students were studying in USA. The students mainly belonged to China(31.2%), India (13.6%), South Korea(6.5%), Saudi Arabia (6.1%) and Canada (2.8%).

Of these International Students, 20% studied Business and Management, 20% Studied Engineering, and 12% studied Math and Computer Science. The volume has doubled over the decade since 2005. However the pattern of International students have been fairly the same since the Chinese, Indians and the Koreans are naturally the ones who value higher education more against their contempories and usually take up the STEM courses.

b). 314,000 American students study abroad as of 2014-2015. They study mostly in UK (13%), Italy(10%), Spain (9%), China (5%) , France (6%). The growth rate of Americans going abraod to study has been fairly constant with around 200,000 Americans studing abroad in 2005.

c). The international students contribute $30 billion every year.

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