Final answer:
Ethambutol is the antibiotic that selectively targets and inhibits mycolic acid synthesis, making it effective against the tubercle bacillus.
Step-by-step explanation:
The tubercle bacillus, which causes tuberculosis, has a unique cell wall that includes a waxy substance called mycolic acid. This substance is essential for the survival of the bacteria, and its synthesis can be targeted by certain antibiotics for selective toxicity.
Of the antibiotics listed, ethambutol is the one that inhibits mycolic acid synthesis, making it selectively active against the tubercle bacillus. While other antibiotics listed, such as streptomycin and vancomycin, are effective against various bacteria by inhibiting protein synthesis or peptidoglycan synthesis, they do not offer the same targeted action against mycolic acid synthesis as ethambutol.