oracle views and network traffic

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I cant really understand what this line from the Oracle E-Business Suite Developer's Guide means. When using views, "network traffic is minimized because all foreign keys are denormalized on the server."

Could anyone please throw some light on when a query, associated with a view is parsed?
Is a query associated with a view is already parsed?

I cant find the answers. Please provide any oracle documentation links that would be helpful.

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