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In loading programs into memory, what is the difference between load-time dynamic linking and run-time dynamic linking? 

For load-time dynamic linking: Load module to be loaded is read into memory. Any reference to a target external module causes that module to be loaded and the references are updated to a relative address from the start base address of the application module.
With run-time dynamic loading: Some of the linking is postponed until actual reference during execution. Then the correct module is loaded and linked.



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