Recently, Google made a small but mighty change in the way you can add files created by others into your folder structure in Google Drive. If you don't own a file, but it was shared with you, you can right-click (PC) (or two-finger click/Control+click (Mac)) on the file in Google Drive, and choose the option Add shortcut to Drive.
When you add the file as a Shortcut into your folder structure, you will see a curly arrow on top of the file's icon; for example:
This curly arrow indicates that this is a shortcut pointing/linking to the original file -- not the actual file. A shortcut allows a file to be accessible from more than one folder, without the file being physically in the folder.
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