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This report introduces the concept of internationally mobile students those who study in foreign countries where they are not permanent residents. It advances several new indicators to track the flows of these students whose numbers jumped by 41% between 1999 and 2004. These indicators ask: How many students, and what percentage of the student body, go abroad and where do they go? What are the impacts on countries of origin and on host countries? What are the factors that push and pull these students?