Cod Wars and institutions are supposed to pacify interstate behavior. The Cod Wars are also held up as an example of the decreasing salience of hard power in international relations, with implications for realist theory which emphasizes the importance of hard power. Theorists on asymmetric bargaining have emphasized how Iceland, lacking structural power, can still have an issue power advantage, with its greater commitment to the cause. A 2017 study argues that the occurrence of the Cod Wars is inconsistent with liberal international relations theory, including the democratic peace thesis, as the "supposedly pacifying factors of the liberal peace – democracy, trade
USS Cod use the same vertical ladders and hatches that were used by her crew. Cleveland can claim partial credit as "Cod"'s birthplace, since the submarine's five massive diesel engines were built at the General Motors Cleveland Diesel plant on Cleveland's west side. In addition, she also has unique attractions such as the 5 inch deck gun that still can be rotated by visitors and mock fired by "Cod"s volunteer crew. The "Cod" 's Mark IV Torpedo Data Computer is also fully restored, as well as other various parts on the submarine. The "Cod" memorial acquired two General Motors Model 248 engines