The world is getting smaller and smaller. It’s a phrase that everyone uses and hears frequently these days. There is some truth in that. Even though the world is not physically getting smaller, the way we do business and the influences on the cultures of each country are becoming more and more important every day. Countries develop trade and financial alliances. For example, Europe has the European Union, which has a huge impact on trade within European countries. The United States has NAFTA (North American Free Trade Association). This includes the United States, Canada and Mexico. However, Australia is geographically so far removed from any other continent, is it able to benefit from the globalization that other countries enjoy? It's easy to forget that Australia is close to Asia and currently Australia has a free trade agreement with Singapore, Malaysia, Thailand and several other countries. Global “globalization” is relatively new to the collective vocabulary. This expression appeared at the turn of the sixties and seventies. The key feature of this process is the interconnectedness of the world. Today, commerce, financial activity and cultural impact span the entire planet. Geographic location certainly exerts a significant influence on the strengthening of relations between countries and the development of interdependent relations between participants. Of course, when we talk about globalization, we are not talking about the effect of American films and music, which have significantly changed culture all over the world. the world. Globalization includes companies around the world investing, opening businesses, and expanding into new markets. Some companies are everywhere, for example Coca-Cola, Starbucks, McDonald's. There is probably...... middle of paper...... / Ina Zukrigl. Research Institute for Austrian and International Literature and Cultural Studies, January 1, 1998. Web. April 15, 2014.4. Byrne, Patrick J. "FOREIGN INVESTMENT: Australia's sovereignty at stake." News Weekly, July 19, 2008 ed. :n. page. Print.5. “Ease of doing business index (1 = most business-friendly regulations).” Data. www.worldbank.org, February 20, 2014. Web. April 22, 2014.6. Pickering, Jonathan. “Globalization: a threat to Australian culture? » . Np, December 2, 2001. Web. April 15, 2014.7. “Resources and Energy in Australia.” Resources and energy. Australian Trade Commissions, nd Web. April 30, 2014.8. “Statement to the Australian Government on the Torres Streit Aboriginal and Islander Affairs Committee's Inquiry into Language Learning in Indigenous Communities.” . National Congress of Australian First Peoples, 1 December 2011. Web. April 15. 2014.