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Liberalizing Cross-Border Trade in Higher Education

February 5, 2013 in Economics

Until now, international trade in education was fairly small in scope, limited mostly to students studying abroad and a few foreign branch campuses. However, the growth of online education will make trade in higher education services far more common. And in response to this increasing trade, there are likely to be complaints about the impact of foreign competition on domestic institutions. In a new paper, Cato scholar Simon Lester argues that we must resist calls for protection and embrace this new period of innovation in higher education, not try to hold it off.

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