Which of the following statements is least accurate with respect to the advantages of open-end exchange traded funds (ETFs) Open-ended ETFs:（）

A. provide for more immediate reinvestment of dividends than do index mutual funds.

B. provide a more cost-effective way for large institutions to invest in emerging markets.

C. provide lower exposure to capital gains distribution taxes than do traditional mutual funds.

世界文明兴衰的根本在于没有处理好（）的关系。

A.天

B.地

C.人

D.物