Chile is able to grow and harvest grapes and strawberries in the months of October through April, while in the United States such fruit is harvested from April through October. The United States has a much larger manufacturing capacity and ships durable goods such as cars and trucks to Chile. These examples can best be explained by

Group of answer choices

the industrial processes of a commodity chain

the economic concept of transferability

the economic principle of comparative advantage

the uneven development resulting from colonialism

divergent patterns of spatial diffusion

1 answer

The examples provided in the question can best be explained by the economic principle of comparative advantage.

Comparative advantage refers to the ability of a country to produce goods or services at a lower opportunity cost than another country. In this case, Chile has a comparative advantage in the production of certain fruits (like grapes and strawberries) due to its favorable climate and longer growing season, while the United States has a comparative advantage in manufacturing durable goods due to its larger manufacturing capacity. This leads to trade where each country specializes in products that they can produce more efficiently.