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Ethylene glycol, the major ingredient in antifreeze, is occasionally consumed by alcoholics as a substitute of true alcohol beverages. In metabolism of ethylene glycol a highly toxic aldehyde is produced, much more toxic than acetaldehyde, produced from ethanol. Ethanol is often administered as a treatment in cases of ethylene glycol poisoning. What is the most likely reason that ethanol is an effective treatment for ethylene glycol poisoning?