Explain the "YouTube Exception" in the Copyright Act

question 49

Essay

Explain the "YouTube exception" in the Copyright Act.

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Definitions:

Capital Account Balance

A component of the balance of payments which records net changes in a country's international financial assets and liabilities, including direct investment, portfolio investment, and other investments.

U.S. Dollar

The official currency of the United States and a primary reserve currency used globally in international transactions.

Foreign Exchange

The trading of currencies on the forex market, allowing for the conversion of one currency into another.

Capital Account Balance

A part of a country's balance of payments that records all transactions involving the purchase or sale of assets.