Abstract: | As the role of a university is like that of a lighthouse, international inter‐university exchanges of students and of teachers enable universities to perform their instructional and research‐oriented tasks with increased efficiency and creativity. The universities of the German Democratic Republic, having accumulated more than thirty years of experience in the domain of student and faculty exchanges, can offer the world some advice on the subject. Although good and bad points can be identified with regard to different kinds of exchanges, the good points predominate. No one condemns the overall usefulness of inter‐university exchanges of teachers and students. The future will no doubt witness an increase in the number of exchanges, particularly of those arranged through multilateral agreements |