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Globalization positively influences the world economy. Globalization produces more job opportunities and increases income levels. The article “A brief on globalization” written by xxxxxxxx states that globalization created hundreds of millions of jobs in the developing countries. In Australia, exporting companies offer higher wages, higher job security, safer workplaces and more training. Companies that trade with the United States pay five to twenty percent more higher salaries than other companies. Globalization, opened markets, raised management practices and workplace arrangements, revolutionizing Australian industry according to Globalization: keeping the gains n.d. written by xxxxxxx, which also states many countries which have opened their economies internationally grew faster than countries which did not open globally. Therefore, globalization increased growth in both the domestic economy and the world economy.