2. Growth in international trade Which of the following best describes how the formation of the European Union (EU) increased international trade? The EU has promoted the movement of products, services, and capital amongst EU member countries. The EU has technically decreased international trade, since the EU itself is considered a single country. Thus, trades among the members of the EU are not counted as international trades. The EU has increased competition among its member countries by implementing a variety of different types of currencies, fostering competition among these currencies. The EU has successfully implemented a uniform and standard immigration policy to facilitate the movement of labor amongst the EU member countries. Outsourcing business functions to other countries international trade. decrease or increase