dialogue vs give-and-take

dialogue and give-and-take both are nouns.

Word	Noun	Adjective	Verb	Adverb
dialogue	Yes	No	No	No
give-and-take	Yes	No	No	No

As nouns, give-and-take is a hypernym of dialogue; that is, give-and-take is a word with a broader meaning than dialogue:

Other hypernyms of dialogue include discussion, word.

dialogue (noun)	give-and-take (noun)
the lines spoken by characters in drama or fiction	mutual interaction; the activity of reciprocating or exchanging (especially information)
a conversation between two persons	an exchange of views on some topic
a literary composition in the form of a conversation between two people	light teasing repartee
a discussion intended to produce an agreement