Case by case. Too many variables.
You don’t understand colloquialisms do you? When the Queen of England says “I’m going to America”, she’s not saying she’s going to Mexico on the American continent to the north. America is the only place known colloquially to the world as “America”, so no, it’s not referring to the continent.
By your logic, Mexico the country and New Mexico the state would be interchangeable because they both have “Mexico” in the name. If you grill a hamburger in the state of New Mexico, does that mean you’re eating Mexican food? No, it doesn’t. And if you’re playing a guitar that was “Made in Mexico”, that is not a guitar that was “Made in America”.
This argument has nothing to do with the OP's original question & I regret answering the question from another poster causing this thread to be Hijacked.
I'll ask this & then nothing else. Google "Map of America"
Look at all the images that are created for the purpose of teaching Geography. Please find the country of America (which in theory should be between Canada & Mexico).
My apologies to @Digiplay for the turns taken in this Thread.
"Colloquial" literally means "with (a) place". It's not worldwide.
Australia is the name of the country AND the continent. Since no product in the world is identified by the continent of manufacture, its safe to assume that when something is labeled “Made in Australia”, it’s referring to the country name. I’m not looking for a debate either, but you’re arguing semantics, just like the guy I originally responded to who claims “Made in America” refers to Mexico and Canada.