Englisch for advanced learners

Todays lesson: The expression "cheers"

In German "cheers" can have the following meanings:

1. Hallo
2. Wie gehts?
3. Ja
4. Nein, Danke
5. Auf Wiedersehen
6. Bitteschoen
7. Ausdruck der Verwunderung
8. Ich weiss was sie meinen

The expression is quite frequently used by locals, making a typical conversation look like this:

James: Cheers, mate.
Liam: Cheers.
James: What can I get ya mate?
Liam: Pint please;
James: Fosters?
Liam: Cheers.
James: Cheers!.... Here we are, 1.80 please.
Liam: Cheers, make it 2.
James: Cheers mate.
Liam: Cheers!