It seems to be OK if all the tracks are mono, but as soon as there are stereo tracks, the mute does not work as expected in the Exported audio.
For example,
Track 1 - a stereo track
Track 2 - a stereo track
Mute Track 1
Export
The resulting file has
Left channel = Left channel of Track 2 (as expected)
Right channel = Right channel of Track 2 + Right channel of Track 1 (NOT expected
Thanks old_coot, I'll bring this to the attention of the developers.
In the mean time, the previous workaround of using "Export Selected" should still work.
NOTE
If you use "Export Selected" - make sure that the selected tracks are NOT muted. Exporting a selected stereo track that is muted will export a stereo track with silence on the Left channel.