What is exported by selecting "Export All" in Data Loader?

Selecting "Export All" in Data Loader allows you to export records, including those within the recycle bin. This is significant because it enables users to retrieve not only active records but also records that have been deleted but not permanently removed from the system. The recycle bin holds these deleted records for a certain period and allows for data recovery if needed.

While the first choice mentions exporting records for all standard objects in the organization, that would be more accurate to the "Export" function, which does not include deleted records. The third and fourth options refer to exporting specific objects and their relationships (child or parent records) but do not encompass the broader capability of retrieving both active and deleted records available through the "Export All" function.