If your lower unit has a prop carrier nut, (which is known to be very difficult to remove sometimes) then the exhaust comes out by the prop, and also out the snout. This is the reason they refer to it as "Dual Exhaust".
Both single and dual exhaust units have the two low speed exhaust relief holes half way up on the back of the lower unit. This is only functional at idle and just above idle speeds when the lower unit is sitting deeper in the water which increases exhaust back pressure. Once speed increases, back pressure is reduced as the lower unit is not as deep in the water and exhaust exits through the snout (single exhaust) or through the snout and prop hub (dual exhaust).
I'm doing some experimentation switching between single exhaust and dual exhaust units right now. The dual exhaust unit is a tad quieter. I suspect because a portion of the exhaust gasses are exiting through the prop hub which is deeper under water than the snout. Also looks like the dual exhaust units are built more ruggedly than the single exhaust. Drive shaft is bigger in diameter, and internal gears/bearings are slightly bigger.
Oh I forgot to mention that the dual exhaust unit I have been playing with is a 20" version and the drive shaft is 18 1/2" long from the end of the splines on each end. 19" if you include the small little nipple on the end that goes into the coupler to the lower unit.