Export DataBase with MySQL Workbench with INSERT statements
I had some problems to find this option in newer versions, so for Mysql Workbench 6.3, go to schemas and enter in your connection:
Go to Tools -> Data Export
Click on Advanced Options
Scroll down and uncheck extended-inserts
Then export the data you want and you will see the result file as this:
For older versions:
Open MySQL Workbench > Home > Manage Import / Export (Right bottom) / Select Required DB > Advance Exports Options Tab >Complete Insert [Checked] > Start Export.
For 6.1 and beyond, thanks to ryandlf:
Click the management tab (beside schemas) and choose Data Export.