Remember the comparison:
\[
\boxed{
\begin{aligned}
\text{Needleman-Wunsch} &\rightarrow \text{Global Alignment} \\
\textbf{Smith-Waterman} &\rightarrow \textbf{Local Alignment} \\
\text{ClustalW} &\rightarrow \text{Multiple Sequence Alignment}
\end{aligned}
}
\]
For exam questions, Smith-Waterman = Local Alignment.