Explain the role of major economic organizations in the modern economy.(1 point)

A. Major economic organizations act as connection points for the global economy and provide a buffer for the governments of competing nations.
B. Major economic organizations act as connection points for the economy of a specific nation and provide a buffer for the governments of competing nations.
C. Major economic organizations act as connection points for the economy of a specific nation, which is why they can cause tension between governments, as their bias is toward a single nation.
D. Major economic organizations act as connection points for the global economy, but can also cause tension between the governments of competing nations due to economic rivalries.

D. Major economic organizations act as connection points for the global economy, but can also cause tension between the governments of competing nations due to economic rivalries. These organizations, such as the International Monetary Fund (IMF), World Bank, and World Trade Organization (WTO), play a significant role in shaping economic policies, promoting international trade, providing financial assistance, and fostering economic development. However, their decisions and policies can sometimes lead to conflicts and disputes between nations, as they may prioritize the interests of certain countries over others. Despite these challenges, major economic organizations continue to play a crucial role in promoting global economic stability and growth.