MP3 (MPEG 1 Layer 3) files

Bit Rate
Sets the bit rate for the MP3 file. The higher the bit rate, the better the audio quality and the larger the file. For stereo audio, 128âkBit/s is considered to be providing good audio quality results.
Sample Rate
Sets the Sample Rate for the MP3 file.
High Quality Mode
Sets the encoder to a different resampling mode. This may give better results depending on your settings. However, it does not allow you to select the Sample Rate.
Insert ID3 Tag
Includes ID3 Tag information in the exported file.
Edit ID3 Tag
Opens the ID3 Tag dialog that allows you to enter information about the file. This information is embedded in the file and can be displayed by most MP3 playback applications.