It's one of those tricky things. It can be limited, but it won't necessarily be limited. If you read the warranty terms around the world, the limitations are typically on iPhones, iPads (assumed to apply to cellular iPads), and Apple TV devices. These are all ones where there may be a legal limitation on distribution of devices meeting local law/regulation.
I've heard that maybe a defect in the battery or screen assembly might be covered. However, a lot of the major warranty issues are with the logic board, which is specific to region of distribution. Not sure about the camera as that can typically be replaced and is a more or less universal part. I suppose you could always ask.