Economic correspondent Paul Solman reports on an American-born product hit hard by globalization: the surfboard. In Southern California, U.S.-based manufacturers fear they will soon be wiped out by competing, foreign companies due to discrepancies in labor costs and duty taxes.

This video is from the Making Sen$e with Paul Solman video series from PBS. Learn more about these videos and view a listing of the most recent videos we have available.

Key Concepts

Barriers to Trade, Opportunity Cost, Price, Comparative Advantage, Labor Market, Productivity, Standard of Living, Tariff, Free Trade, Trade Barriers

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