What does the command 'terraform state list' do?

The command 'terraform state list' is used to display all resources that are currently tracked in the Terraform state file. This state file acts as a source of truth for Terraform, containing metadata and information about the resources it manages. By executing this command, users can view a list of all the resources that have been created, modified, or are being managed by Terraform in a specific workspace. This is particularly useful for understanding the current infrastructure and for troubleshooting purposes, as it allows users to quickly ascertain which resources are defined and maintained by their Terraform configuration.

The other options do not accurately describe the function of this command. For instance, it does not list resources in the current directory, compile reports, or export the state file to any format. Each of these functions pertains to other commands or processes within Terraform but is not the focus of 'terraform state list'.