In the situation you describe, only one ad will show at a time, but the ads will not rotate evenly.
Rather, the system first looks for the ad with the higher CPC. If the CPC is the same in both Ad Groups, then it picks the one with the higher CTR.
In terms of the ads rotating evenly, you may be thinking about multiple ads within one Ad Group. In this case the ads do rotate, starting out in even rotation, then favoring the one with the higher CTR over time.
Or, you can configure it so that it simply rotates evenly, and does not favor the higher CTR. You make this choice in the 'Edit Campaign Settings' page, available from each campaign page in your account.
AWA