Excretion is the process of removing metabolic waste, including carbon dioxide and nitrogenous compounds like urea, from the body to prevent toxicity. Carbon dioxide is transported to the lungs for exhalation, while urea is produced in the liver from deaminated amino acids and excreted by the kidneys. The liver plays a crucial role in metabolism, detoxification, and maintaining homeostasis, working closely with the kidneys to filter blood and produce urine.