问题如下：
Assume
that the DM country has what is considered a low-yield safe haven currency
while the EM country has a high-yield currency whose value is more exposed to
fluctuations in the global economic growth rate. An increase in safe haven
demand would most likely:
选项：
A.increase the risk premium demanded by international
investors to hold assets denominated in the EM currency
raise the return earned on carry trade strategies
exert upward pressure on the value of the EM currency
解释：
During
times of intense risk aversion, investors will crowd into the safe haven
currency. This tendency implies an increased risk premium demanded by investors
to hold the EM currency.
解析：在风险厌恶上升的时期，投资者会涌向避险货币。这一趋势意味着，投资者持有新兴市场货币所需的风险溢价上升。因此只有A正确。
老师这个考点讲义里有讲到过吗？我咋没啥印象啊，而且C项说的是啥意思？是说会施加升值压力吗？就是会升值的意思吗？总感觉pressure压力是个贬义词，好像是对EM的货币施加了更多压力，会贬值的感觉一样。
在经济状况不好的时候，投资者会涌向安全货币，所以安全货币（dm）会升值。