Economic Ethics Challenges in Global Trade: Implications and Solutions

Abstract

Ethical challenges in international trade relate to fairness, sustainability and social impact. One of the main challenges is inequality in the economy between countries, which can raise ethical questions regarding the global distribution of wealth. This research uses descriptive analytical methods. Descriptive research is to make a systematic, factual and accurate explanation of the facts and characteristics of a certain population (Sulipan, n.d.). The data used in the research was obtained through literature studies of journals, books and other sources related to economic ethics in international trade. The aim of this research is to determine the challenges of economic ethics in international trade and provide solutions to achieve a balance between economic growth and social justice, support decent work standards, and maintain global environmental sustainability.