The role of the southern United States in internationalizing the U.S. economy and developments in the international field at universities and colleges are discussed. It is noted that southern firms as well as the financial system are becoming integrated internationally. Consideration is given to the business curriculum, foreign language study, and teacher education. A new accreditation standard in the business field states that business students need to be exposed to the international dimension either through the core courses, higher level functional courses, or separate international business courses. Foreign language departments have focused attention on learning languages as a skill to be used for special purposes and for gaining competence in communicating. The global economy is stimulating these changes. New credentialing will involve oral proficiency testing, and future prospects include national standards to clearly chart learning progress, as well as the use of tapes to evaluate performance. For teachers, an accreditation standard that is soon to be adopted will incorporate international education and global perspectives in teacher education and basic education for students. (SW)