Final answer:
Copper extracted in Chile has been a significant export to the United States, contributing to economic advantage for both countries; this makes statement A true. Diversification in Chile's economy and historical instances of commodification also underscore the importance of commodities in economic development.
Step-by-step explanation:
The commodities that contributed to European and American Economic Advantage include copper extracted in Chile. Copper and other minerals from the Atacama Desert have historically been significant exports to the United States, positioning Chile as a key trading partner. These commodities have certainly contributed to economic growth and development for countries on both sides. Furthermore, Chilean exports are not limited to copper; they also include agricultural products and timber. As economic conditions change with fluctuating prices of copper and natural resources, Chile has been diversifying by expanding its manufacturing sector.
The market revolution in the United States indeed led to many social and economic changes, making statement A True. Early commodification in the New World, such as American silver and tobacco, also played a large role in fostering European commerce and capitalism, demonstrating the historical significance of commodities in shaping economic advantages.