The Cod Wars between Iceland and Great Britain continued from 1952 to 1976 and intensified three times during this period. 1 This article focuses on the Cod War conflict between Great Britain. and Iceland from 1972 to 1976, but a brief history of earlier conflicts is necessary to understand the critical period analyzed. The conflict arose from “the extension of fishing limits from three to four nautical miles by Iceland in 1952”2, largely due to the decline in available marine resources on which Iceland “has long been largely dependent” .3 “The disappearance of herring from Icelandic waters, combined with a decline in export prices between 1966 and 1968, resulted in a decline in real per capita income of more than 16 percent”4. Iceland therefore found it necessary to extend fishing limits to preserve fishing. their economy. Britain's first response to Iceland's extension of fishing limits was a ban on processing and Icelandic fish in the United Kingdom.5 In retaliation, Iceland turned to the Soviets; a major importer of Icelandic fish and "by 1955 the Soviet Union was the largest importer of Icelandic fish and had replaced Great Britain as Iceland's second largest trading partner. »6 The conflict evolved from a resource-based conflict to a political conflict with the potential for "economic conflict and "diplomatic rapprochement" between Iceland and the Soviet Union7 which caused concern among members of the OEEC (Organization for European Economic Co-operation renamed OECD - Organization for Economic Co-operation and Development). In order to prevent closer relations between the Soviet Union and a Western state, the OEEC "created an informal group of negotiators who managed to prepare a resolution of...... middle of paper .... ..): 3061 -3066. http://www.jstor.org.myaccess.library.utoronto.ca/stable/4409655. Jervis, Robert. “Cooperation in the face of the security dilemma”. World Politics, Cambridge University Press. No. 2 (1978): 167-214. http://www.jstor.org/stable/2009958.Allison, Graham T. “Conceptual Models and the Cuban Missile Crisis.” The American Journal of Political Science. No. 3 (1969): 689-718. http://www.jstor.org/stable/1954423.Hellman, Gunther and Benjamin Herborth. “Fishing in the Mild West: Democratic Peace and Militarized Interstate Conflict in the Transatlantic Community.” » Review of International Studies, Cambridge University Press. No. 3 (2008): 481-506. http://www.jstor.org.myaccess.library.utoronto.ca/stable/40212486Snyder, Jack. “One world, rival theories”. Foreign Policy, Washingtonpost. Newsweek Interactive, LLC. No. 145 (2004): 52-62. http://www.jstor.org/stable/4152944