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A Media Sharing Site Like YouTube,where Users Upload and View

question 80

Essay

A media sharing site like YouTube,where users upload and view more than 35 hours of video every single minute of every day,has adopted radical trust.Reflect on the benefits and limitations of YouTube's radical trust in the lives of social media users and incorporate how the reputation economy allows for radical trust.


Definitions:

Cash Flow Hedge

A form of hedge accounting that aims to reduce the exposure to variability in cash flows related to a specific risk.

Foreign Currency Option

A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

Fair Value

The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.

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