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In this video tutorial, developers learn the distinctions between URLs, URIs, and URNs. A URL, or Uniform Resource Locator, acts as an address that provides the necessary information to locate a resource on the internet, such as a webpage or image. While URLs and links are often used interchangeably, they are not synonymous; a URL specifically denotes the location of a resource, whereas a link, or hyperlink, is a reference to that resource. Understanding these terms and their relationships is crucial for navigating and utilizing web resources effectively.