An administrator wants to modify the Local Preference attribute for all routes received from a specific external BGP peer. Where must this policy be applied in Junos?
Local Preference is a well-known discretionary attribute evaluated during inbound processing, so an import policy bound to the eBGP neighbour or group modifies it before best-path selection. Export policy would affect the peer's decision, not the local router's.
Why this answer
Inbound routing policies on Junos affect attributes like Local Preference before path selection occurs.