Traveling offers the opportunity to meet new people and experience exciting cultures.

How is the gerund functioning?
It receives the action of the verb.
It receives the action of the verb.

It is the subject of the sentence.
It is the subject of the sentence.

It describes the action of the subject.
It describes the action of the subject.

It modifies a noun in the sentence.

It modifies a noun in the sentence.

The gerund "traveling" in this sentence is functioning as the subject of the sentence.

The gerund "traveling" in the sentence "Traveling offers the opportunity to meet new people and experience exciting cultures" is functioning as the subject of the sentence.

To identify the function of a gerund, you can follow these steps:
1. Find the gerund in the sentence. In this case, the gerund is "traveling".
2. Identify how the gerund is functioning by considering its role in the sentence. In this case, "traveling" is the subject of the sentence because it is the thing or concept that is offering the opportunity to meet new people and experience exciting cultures.

Therefore, the correct answer is: It is the subject of the sentence.