经济类英语段落篇章,劳烦翻译一下
Thestandardexplanationorjustificationforgovernmentalregulationofamarketisthatthemarket,lefttoitself,willnotproduceitsparticulargoodsorservicesinanefficientmannerandatthelowestpossiblecost.Ofcourse,efficiencyandlow-costproductionarehallmarksofaperfectlycompetitivemarket.Thus,amarketunabletoproduceefficientlymustbeonethatisnotcompetitiveatthattime,andthatwillnotgainthatstatusbyitselfintheforeseeablefuture.Ofcourse,itisalsopossiblethatgovernmentsmayregulatemarketsthatareviewedascompetitivecurrentlybutunabletosustaincompetition,andthuslow-costproduction,overthelongrun.Aversionofthisjustificationforregulationisthatthegovernmentcontrolsafeatureoftheeconomythatthemarketmechanismofcompetitionandpricingcouldnotmanagewithouthelp.Ashort-handexpressioneconomistsusetodescribethereasonsforregulationis“marketfailure”.Amarketissaidtofailifitcannot,byitself,maintainalltherequirementsforacompetitivesituation.Thus,governmentsinmostdevelopedeconomieshavecreatedelaboratesystemsofregulationforfinancialmarkets,whichmainlyconsistofthefollowingparts.
谢谢大家,请不要使用计算机软件翻译,您的翻译将做为我的参考.我自己对一些经济术语不是特别了解,谢谢.