The correct spelling of the phrase "gave odor" is /ɡeɪv ˈoʊdər/. In this phrase, the word "gave" is spelled with a silent "e" at the end, which does not affect the pronunciation. The word "odor" is spelled with an "o" instead of a "u" as in the British spelling, and the stress is on the second syllable. The IPA phonetic transcription can help learners correctly spell and pronounce words, especially when dealing with homophones and difficult sounds.