Cod Wars presence in the waters off Iceland. Some Icelandic historians view the history of Iceland's struggle for control of its maritime resources in ten episodes, or ten cod wars. The first episode was a dispute between Norway and England in 1415 to 1425 over England's trading with Iceland in violation of Norway's monopoly on the Icelandic trade. The dispute ended when the English arrested Eric of Pomerania's officials in Iceland, effectively restoring the Anglo-Icelandic trade. The agreement that was reached in 1976 concluded what in modern times is called the Third Cod War (the final and tenth Cod War in long-term
Harold Innis and the cod fishery method of curing their catches onshore, then transporting the dried fish to Mediterranean countries where there was a demand for a higher protein diet. This combined with consumer preferences for dried fish over cod packed in brine meant higher prices, especially in Catholic countries where the church required the regular consumption of fish. Thus, dried cod sold in Spain allowed England to receive substantial amounts of the precious metals that the Spanish were bringing from their colonies in the New World. "Cod from Newfoundland was the lever by which she [England] wrested her share of the riches of the New