My understanding is that 料理 is prepared food and is often interpreted as 'cuisine', while 食べ物 encapsulates food in a broader sense, likely including 料理 within it.
Yes, that's right. So, curry rice can be categorized into both からい料理 and からい食べ物, but cayenne pepper is からい食べ物, and not からい料理.
As for your initial question, both are valid.
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