Nope, they're still not grasping the basics of trade here

That there has to be a government is true - we really do want someone to organise getting the bins emptied. But it really would be useful if those doing the governing, even those yearning to do the governing, were up to speed with this reality thing. Or at least that modicum that we've found out about it.

For example, since, ooooh, 1776, we've known that it is the imports which are the part of trade which make us rich. We get to consume those yummy and lovely things made by J. Foreigner - we're richer. Mercantilism is incorrect that is:

A powerful cross-party group of MPs is plotting to thwart Theresa May’s attempts to drive through a hard Brexit amid rising fears that UK businesses could soon have to pay huge export tariffs on goods they sell to the EU.

It is not the businesses doing the exporting which pay the tariffs. It is the consumers doing the importing who do. Yes, obviously, there's a second order effect, where some exports simply do not happen as a result of the imposts but in that case no one pays the tariffs.

It is a nonsense because the United Kingdom would have much more to lose from a trade war than the European Union. They buy 44% of our exports, while we buy just 7% of theirs. In a negotiation, the smaller partner gets what it wants through subtlety and goodwill – not bluster and hollow threats.

They really do have this entirely the wrong way around. What happens if we do not export these goods to the EU? We either export them elsewhere or we consume them ourselves. This does not, notably, make us worse off. The important question is what are we going to do about those imports from the EU which we do desire? Quite clearly, it would be ludicrous to tax ourselves for buying what we want therefore we won't.

And so we arrive at the only logical trade stance at all. Unilateral free trade. You want to tax yourselves on the purchase of our shiny goods? Well, off you go then, we'll do nothing so damn stupid ourselves.

And that's the problem with rule by government. It is actually necessary that those desiring to govern are plugged into the most basic reality. Not something greatly in evidence on the subject of trade, is it? 

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Half marks here for getting half of the answer right