Ethics in Global Business?

What are some ethical concerns that arise from doing business in a global environment, and how would you address them (and why)?

In my mind, and this will get you started, the biggest issue facing us today is the use of 'outsourced labor' in such industries as IT and manufacturing. The big concern is that a product can be manufactured outside of the country, for a huge cost saving. Labor costs across the globe are far from equal which means that a company can maximize it's profits by reducing production costs. Many manufacturing companies have been doing this for years by taking advantage of ridculously low production costs in China. The trend started to spread to the IT sector in the 1990s when Indian labor became a viable option. Today, when you call a product support number, or even when you call your bank, you may find that you are speaking with an individual in Bangalore.

One obvious concern is that no attention is paid to domestic unemployment which is bound to increase as a result. To put that into context, you may have an engineer or a software programmer who has studied for years, suddenly find him/herself in an ever diminishing job market.

Another issue that has been evident for some time is the use of 'sweat shops' in foreign countries to produce clothing and footware. Nike has been accused of using ultra-cheap labor to produce its shoes, for instance. And, did you know that 'The Simpsons' is partly produced in Korea?