If American Airlines operated the Caravelle, this toy is not what it would have looked like.
In 1961, United Air Lines inaugurated Caravelle jet service in the United States. Its special VI-R series had General Electric engines and lacked the ridge along the upper fuselage that characterized other Caravelles. This HAJI brand toy is derived from the DC-8 believe it or not! It is metal with plastic jet engines.
AA's choice for a twinjet was of course the BAC One-Eleven that AA called the 400 Astrojet. I have never seen a tin toy BAC One-Eleven in any color scheme.